F&V Capital Management LLC Takes Position in Avantis Emerging Markets Equity ETF $AVEM

F&V Capital Management LLC bought a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 10,950 shares of the company’s stock, valued at approximately $751,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 0.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 15,030,769 shares of the company’s stock valued at $904,401,000 after purchasing an additional 115,249 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Avantis Emerging Markets Equity ETF by 15.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock valued at $143,887,000 after buying an additional 319,437 shares in the last quarter. Cerity Partners LLC increased its position in Avantis Emerging Markets Equity ETF by 4.6% during the 1st quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock valued at $138,105,000 after buying an additional 100,298 shares in the last quarter. American Century Companies Inc. increased its position in Avantis Emerging Markets Equity ETF by 8.6% during the 1st quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock valued at $116,142,000 after buying an additional 152,942 shares in the last quarter. Finally, LPL Financial LLC increased its position in Avantis Emerging Markets Equity ETF by 10.0% during the 1st quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock valued at $88,547,000 after buying an additional 133,886 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.2%

AVEM stock opened at $75.91 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $76.37. The firm has a market cap of $13.62 billion, a PE ratio of 12.66 and a beta of 0.80. The business has a 50 day moving average of $72.26 and a 200 day moving average of $66.78.

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.