CoreFirst Bank & Trust Makes New Investment 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) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 50,634 shares of the company’s stock, valued at approximately $2,977,000. Avantis Emerging Markets Equity ETF comprises 1.8% of CoreFirst Bank & Trust’s holdings, making the stock its 12th biggest position.

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

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

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.