Acima Private Wealth LLC Buys 7,855 Shares of Avantis Emerging Markets Equity ETF $AVEM

Acima Private Wealth LLC raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 98,961 shares of the company’s stock after acquiring an additional 7,855 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 2.7% of Acima Private Wealth LLC’s holdings, making the stock its 15th largest position. Acima Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,304,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of Avantis Emerging Markets Equity ETF by 45.1% in the first quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock valued at $2,310,765,000 after buying an additional 8,908,264 shares during the period. Align Financial LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $528,227,000. LPL Financial LLC increased its stake in Avantis Emerging Markets Equity ETF by 39.6% during the fourth quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock valued at $288,100,000 after acquiring an additional 1,061,034 shares during the period. Cerity Partners LLC raised its holdings in Avantis Emerging Markets Equity ETF by 7.4% in the 4th quarter. Cerity Partners LLC now owns 2,886,258 shares of the company’s stock valued at $223,341,000 after acquiring an additional 199,045 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 6.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock valued at $187,732,000 after acquiring an additional 131,390 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 1.3%

Shares of AVEM stock traded up $1.25 during mid-day trading on Monday, reaching $96.66. The stock had a trading volume of 1,138,620 shares, compared to its average volume of 1,919,872. Avantis Emerging Markets Equity ETF has a one year low of $72.94 and a one year high of $100.83. The firm has a market cap of $29.19 billion, a PE ratio of 12.66 and a beta of 0.75. The firm’s 50 day simple moving average is $93.53 and its 200 day simple moving average is $91.74.

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.