PNC Financial Services Group Inc. Buys 3,113 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

PNC Financial Services Group Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 104.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,093 shares of the company’s stock after purchasing an additional 3,113 shares during the period. PNC Financial Services Group Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $344,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $262,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of Avantis Emerging Markets Equity ETF by 56.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 5,513,693 shares of the company’s stock valued at $291,068,000 after buying an additional 1,990,140 shares in the last quarter. WealthPlan Investment Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 774.6% during the third quarter. WealthPlan Investment Management LLC now owns 106,330 shares of the company’s stock valued at $5,613,000 after buying an additional 94,173 shares during the last quarter. Beaird Harris Wealth Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 2.3% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 622,985 shares of the company’s stock worth $32,887,000 after acquiring an additional 14,193 shares during the last quarter. Finally, McIlrath & Eck LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 533.8% in the 3rd quarter. McIlrath & Eck LLC now owns 13,513 shares of the company’s stock worth $713,000 after acquiring an additional 11,381 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $61.09 on Friday. The company has a market capitalization of $5.47 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 $50.65 and a 52-week high of $62.55. The business has a 50-day simple moving average of $60.64 and a two-hundred day simple moving average of $57.87.

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.