Pacific Life Fund Advisors LLC Has $8.93 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Pacific Life Fund Advisors LLC reduced its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 110,805 shares of the company’s stock after selling 10,115 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.0% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 20th biggest holding. Pacific Life Fund Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $8,929,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 13.2% during the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock worth $1,336,000 after acquiring an additional 2,596 shares during the period. M&T Bank Corp acquired a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter worth $287,000. Diversify Advisory Services LLC bought a new position in Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $478,000. Diversify Wealth Management LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP raised its stake in shares of Avantis Emerging Markets Equity ETF by 74.1% in the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after purchasing an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $94.14 on Monday. The stock has a market capitalization of $25.90 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.27 and a fifty-two week high of $100.83. The business has a 50-day moving average of $94.85 and a 200-day moving average of $87.37.

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.