Independence Bank of Kentucky raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 11.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 90,241 shares of the company’s stock after acquiring an additional 9,015 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 0.9% of Independence Bank of Kentucky’s portfolio, making the stock its 20th largest holding. Independence Bank of Kentucky’s holdings in Avantis Emerging Markets Equity ETF were worth $8,484,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Winch Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter worth $26,000. JFS Wealth Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after purchasing an additional 111 shares during the period. Glenmede Trust Co. NA acquired a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at $31,000. Investors Research Corp bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $39,000. Finally, Barrett & Company Inc. bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $42,000.
Avantis Emerging Markets Equity ETF Trading Up 1.3%
Shares of AVEM opened at $88.19 on Wednesday. The company has a market capitalization of $27.09 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 12 month low of $73.79 and a 12 month high of $100.83. The stock’s 50-day moving average price is $93.39 and its two-hundred day moving average price is $89.89.
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.
Featured Stories
- Five stocks we like better than Avantis Emerging Markets Equity ETF
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Want to see what other hedge funds are holding AVEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report).
Receive News & Ratings for Avantis Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantis Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
