Independence Bank of Kentucky boosted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 53.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,313 shares of the company’s stock after acquiring an additional 20,211 shares during the quarter. Independence Bank of Kentucky’s holdings in Avantis Emerging Markets Equity ETF were worth $4,699,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the stock. Winch Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $26,000. Rothschild Investment LLC boosted its position in Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $36,000. Team Financial Group LLC grew its holdings in Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 183 shares in the last quarter.
Avantis Emerging Markets Equity ETF Stock Up 0.2%
Shares of AVEM stock traded up $0.17 during trading hours on Friday, hitting $94.14. 2,671,141 shares of the company’s stock were exchanged, compared to its average volume of 2,012,466. The firm has a market cap of $25.83 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm has a 50 day moving average of $94.85 and a two-hundred day moving average of $87.30. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week high of $100.83.
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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.
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