Commonwealth Equity Services LLC Makes New $84.02 Million Investment in Avantis Emerging Markets Equity ETF $AVEM

by · The Cerbat Gem

Commonwealth Equity Services LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 893,662 shares of the company’s stock, valued at approximately $84,022,000. Commonwealth Equity Services LLC owned approximately 0.29% of Avantis Emerging Markets Equity ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JFS Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% in the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after purchasing an additional 111 shares during the last quarter. Hardin Capital Partners LLC increased its position in Avantis Emerging Markets Equity ETF by 0.8% during the third quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock valued at $1,416,000 after acquiring an additional 123 shares during the last quarter. Mainsail Asset Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 6.1% in the third quarter. Mainsail Asset Management LLC now owns 3,210 shares of the company’s stock valued at $309,000 after acquiring an additional 184 shares during the period. Columbia Advisory Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 0.7% in the third quarter. Columbia Advisory Partners LLC now owns 28,120 shares of the company’s stock valued at $2,644,000 after acquiring an additional 184 shares during the period. Finally, Busey Bank lifted its holdings in Avantis Emerging Markets Equity ETF by 5.6% in the third quarter. Busey Bank now owns 3,677 shares of the company’s stock valued at $346,000 after acquiring an additional 195 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 1.7%

NYSEARCA:AVEM traded up $1.41 on Friday, hitting $83.28. The stock had a trading volume of 3,374,162 shares, compared to its average volume of 1,950,924. The business’s 50-day simple moving average is $92.13 and its two-hundred day simple moving average is $90.09. The stock has a market cap of $26.00 billion, a price-to-earnings ratio of 12.66 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 52-week low of $73.79 and a 52-week high of $100.83.

Avantis Emerging Markets Equity ETF Profile

(Free Report)

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.

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