Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Position Increased by Savant Capital LLC

Savant Capital LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,181,306 shares of the company’s stock after purchasing an additional 992,460 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 8.7% of Savant Capital LLC’s portfolio, making the stock its largest position. Savant Capital LLC owned about 15.85% of Avantis Emerging Markets Equity ETF worth $866,336,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in Avantis Emerging Markets Equity ETF by 10.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,695,200 shares of the company’s stock valued at $377,542,000 after buying an additional 658,440 shares during the period. Annex Advisory Services LLC boosted its stake in Avantis Emerging Markets Equity ETF by 16.3% during the first quarter. Annex Advisory Services LLC now owns 2,309,443 shares of the company’s stock worth $133,855,000 after acquiring an additional 323,204 shares in the last quarter. Haverford Trust Co grew its holdings in Avantis Emerging Markets Equity ETF by 1.7% in the first quarter. Haverford Trust Co now owns 2,232,347 shares of the company’s stock worth $129,387,000 after purchasing an additional 37,682 shares during the period. Wells Fargo & Company MN increased its stake in shares of Avantis Emerging Markets Equity ETF by 199.3% during the fourth quarter. Wells Fargo & Company MN now owns 992,458 shares of the company’s stock valued at $55,965,000 after purchasing an additional 660,865 shares in the last quarter. Finally, WMS Partners LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 2.2% during the first quarter. WMS Partners LLC now owns 981,239 shares of the company’s stock valued at $56,873,000 after purchasing an additional 21,542 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $59.20 on Friday. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $63.64. The company’s 50-day moving average is $60.98 and its 200 day moving average is $59.86.

Avantis Emerging Markets Equity ETF Profile

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.