XY Planning Network Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 88.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,861 shares of the company’s stock after purchasing an additional 50,128 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 1.1% of XY Planning Network Inc.’s holdings, making the stock its 24th biggest position. XY Planning Network Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $10,047,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of Avantis Emerging Markets Equity ETF by 45.1% during the first quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after buying an additional 8,908,264 shares during the period. Align Financial LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at $528,227,000. PNC Financial Services Group Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 6.0% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock valued at $187,732,000 after buying an additional 131,390 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Avantis Emerging Markets Equity ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock valued at $150,540,000 after acquiring an additional 219,618 shares during the period. Finally, Annex Advisory Services LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 1.0% in the 2nd quarter. Annex Advisory Services LLC now owns 1,548,921 shares of the company’s stock valued at $149,455,000 after acquiring an additional 15,884 shares during the period.
Avantis Emerging Markets Equity ETF Price Performance
Shares of AVEM stock opened at $92.82 on Wednesday. The firm has a market capitalization of $28.06 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. The business has a fifty day moving average of $94.26 and a 200 day moving average of $92.39. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83.
About Avantis Emerging Markets Equity ETF
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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