Avantis Emerging Markets Equity ETF $AVEM Shares Newly Purchased by Nottingham Advisors Inc.

Nottingham Advisors Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 108,933 shares of the company’s stock, valued at approximately $10,259,000. Avantis Emerging Markets Equity ETF accounts for approximately 1.3% of Nottingham Advisors Inc.’s holdings, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock valued at $2,310,765,000 after acquiring an additional 8,908,264 shares during the period. Vantagepoint Investment Advisers LLC acquired a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $248,060,000. PNC Financial Services Group Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 6.0% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock valued at $187,732,000 after purchasing an additional 131,390 shares during the period. Annex Advisory Services LLC bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $157,364,000. Finally, BOKF NA bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $152,097,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $85.98 on Tuesday. The firm’s fifty day moving average is $92.93 and its two-hundred day moving average is $90.03. The firm has a market cap of $26.56 billion, a PE ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a twelve month low of $73.79 and a twelve month high of $100.83.

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.