Truist Financial Corp Acquires 224 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Truist Financial Corp boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,725 shares of the company’s stock after buying an additional 224 shares during the period. Truist Financial Corp’s holdings in Avantis Emerging Markets Equity ETF were worth $337,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AVEM. Strategic Financial Concepts LLC grew its stake in Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares in the last quarter. Savant Capital LLC grew its stake in Avantis Emerging Markets Equity ETF by 7.6% during the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after buying an additional 1,172,561 shares in the last quarter. Jane Street Group LLC grew its stake in Avantis Emerging Markets Equity ETF by 380.2% during the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after buying an additional 1,125,300 shares in the last quarter. MML Investors Services LLC grew its stake in Avantis Emerging Markets Equity ETF by 270.3% during the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after buying an additional 687,056 shares in the last quarter. Finally, Merit Financial Group LLC grew its stake in Avantis Emerging Markets Equity ETF by 486.2% during the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after buying an additional 591,800 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 1.0 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $59.29 on Wednesday. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31. The firm’s 50-day moving average price is $59.58 and its two-hundred day moving average price is $61.25.

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.