Bank of Montreal Can Purchases 523,110 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Bank of Montreal Can boosted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26,155,500.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 523,112 shares of the company’s stock after purchasing an additional 523,110 shares during the period. Bank of Montreal Can owned about 0.58% of Avantis Emerging Markets Equity ETF worth $34,264,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Savant Capital LLC increased its holdings in Avantis Emerging Markets Equity ETF by 7.5% during the 2nd quarter. Savant Capital LLC now owns 14,181,306 shares of the company’s stock worth $866,336,000 after purchasing an additional 992,460 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 10.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,162,990 shares of the company’s stock valued at $498,677,000 after acquiring an additional 803,346 shares in the last quarter. Annex Advisory Services LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 13.8% in the 3rd quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after acquiring an additional 307,011 shares in the last quarter. Haverford Trust Co grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.6% in the 3rd quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after acquiring an additional 13,301 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 7,528.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock valued at $131,785,000 after acquiring an additional 2,128,958 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $60.91 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.72 and a 52-week high of $66.31. The company has a market capitalization of $5.45 billion, a P/E ratio of 9.91 and a beta of 0.88. The company has a 50-day simple moving average of $63.13 and a 200 day simple moving average of $61.78.

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.