Fifth Third Bancorp grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 38.3% during the fourth quarter, Holdings Channel reports. The firm owned 402,540 shares of the company’s stock after acquiring an additional 111,557 shares during the quarter. Fifth Third Bancorp’s holdings in Avantis Emerging Markets Equity ETF were worth $23,665,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Iron Horse Wealth Management LLC bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $28,000. Northwest Investment Counselors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $37,000. City State Bank acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $45,000. Brown Lisle Cummings Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $82,000. Finally, Nemes Rush Group LLC boosted its stake in Avantis Emerging Markets Equity ETF by 68.1% during the 2nd quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock valued at $109,000 after purchasing an additional 724 shares during the period.
Avantis Emerging Markets Equity ETF Trading Up 0.3 %
Shares of NYSEARCA:AVEM opened at $59.84 on Friday. The firm’s 50 day moving average is $60.04 and its two-hundred day moving average is $61.33. The firm has a market capitalization of $5.36 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $54.33 and a 52 week high of $66.31.
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.
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