Systelligence LLC Invests $8.39 Million in Avantis Emerging Markets Equity ETF $AVEM

Systelligence LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 108,904 shares of the company’s stock, valued at approximately $8,388,000. Avantis Emerging Markets Equity ETF makes up 1.6% of Systelligence LLC’s investment portfolio, making the stock its 29th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Savant Capital LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 3.2% during the 3rd quarter. Savant Capital LLC now owns 18,469,078 shares of the company’s stock worth $1,387,215,000 after purchasing an additional 564,371 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Avantis Emerging Markets Equity ETF by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock worth $1,382,953,000 after purchasing an additional 867,710 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 9,209,393 shares of the company’s stock worth $691,717,000 after purchasing an additional 304,731 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock worth $202,061,000 after purchasing an additional 72,106 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $170,265,000.

Avantis Emerging Markets Equity ETF Stock Down 0.0%

Shares of Avantis Emerging Markets Equity ETF stock opened at $85.65 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $54.91 and a 12-month high of $89.75. The stock has a market cap of $21.46 billion, a P/E ratio of 12.66 and a beta of 0.68. The business’s 50 day moving average is $83.60 and its 200-day moving average is $79.61.

Avantis Emerging Markets Equity ETF Company 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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