American Century Companies Inc. Buys 385,780 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

American Century Companies Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 27.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,777,291 shares of the company’s stock after purchasing an additional 385,780 shares during the period. American Century Companies Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $104,487,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its stake in Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares in the last quarter. Savant Capital LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 7.6% in the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after buying an additional 1,172,561 shares during the last quarter. Jane Street Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after buying an additional 1,125,300 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 270.3% in the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after acquiring an additional 687,056 shares during the last quarter. Finally, Merit Financial Group LLC grew its position in Avantis Emerging Markets Equity ETF by 486.2% in the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after acquiring an additional 591,800 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $61.96 on Tuesday. The company has a market cap of $7.86 billion, a PE ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31. The stock’s 50 day simple moving average is $60.26 and its two-hundred day simple moving average is $61.24.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation.