CoreFirst Bank & Trust Invests $2.98 Million in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

CoreFirst Bank & Trust purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 50,634 shares of the company’s stock, valued at approximately $2,977,000. Avantis Emerging Markets Equity ETF accounts for about 1.8% of CoreFirst Bank & Trust’s portfolio, making the stock its 12th biggest holding. CoreFirst Bank & Trust owned about 0.06% of Avantis Emerging Markets Equity ETF at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. FMR LLC lifted its position in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $16,021,000. Truist Financial Corp raised its position in Avantis Emerging Markets Equity ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after acquiring an additional 224 shares in the last quarter. Natixis Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF by 12.6% in the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after purchasing an additional 2,107 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in Avantis Emerging Markets Equity ETF by 65.8% during the fourth quarter. US Bancorp DE now owns 4,175 shares of the company’s stock worth $245,000 after buying an additional 1,657 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.3 %

NYSEARCA:AVEM opened at $61.64 on Monday. The stock has a market capitalization of $7.82 billion, a PE ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The stock’s 50-day moving average price is $60.16 and its 200-day moving average price is $61.23.

Avantis Emerging Markets Equity ETF Company 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.