SouthState Corp Buys 3,982 Shares of Avantis Emerging Markets Equity ETF $AVEM

SouthState Corp lifted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 43.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,249 shares of the company’s stock after purchasing an additional 3,982 shares during the period. SouthState Corp’s holdings in Avantis Emerging Markets Equity ETF were worth $908,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AVEM. Envestnet Asset Management Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock worth $1,200,426,000 after acquiring an additional 2,483,487 shares during the last quarter. Maseco LLP acquired a new stake in Avantis Emerging Markets Equity ETF in the second quarter worth about $74,121,000. HB Wealth Management LLC increased its position in Avantis Emerging Markets Equity ETF by 5,090.0% in the first quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock worth $65,507,000 after purchasing an additional 1,067,724 shares during the period. Jones Financial Companies Lllp raised its holdings in Avantis Emerging Markets Equity ETF by 61.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock worth $85,854,000 after purchasing an additional 540,962 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 123.3% during the 1st quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after purchasing an additional 423,990 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $76.77 on Friday. The stock has a market cap of $14.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The company has a 50 day moving average of $75.21 and a 200-day moving average of $69.92. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $78.76.

Avantis Emerging Markets Equity ETF 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.