Centurion Wealth Management LLC Invests $588,000 in Avantis Emerging Markets Equity ETF $AVEM

Centurion Wealth Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, HoldingsChannel reports. The firm bought 7,633 shares of the company’s stock, valued at approximately $588,000.

A number of other large investors also recently modified their holdings of AVEM. Bank of America Corp DE lifted its holdings in Avantis Emerging Markets Equity ETF by 1,271.2% in the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after acquiring an additional 16,265,184 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $170,265,000. JPMorgan Chase & Co. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 350.8% in the third quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock valued at $105,477,000 after acquiring an additional 1,092,814 shares in the last quarter. BOKF NA increased its position in shares of Avantis Emerging Markets Equity ETF by 9,498.3% during the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after purchasing an additional 852,280 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 47.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,263,134 shares of the company’s stock worth $169,989,000 after buying an additional 724,811 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $78.60 on Monday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75. The company has a market capitalization of $17.37 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The firm has a 50-day moving average of $83.83 and a two-hundred day moving average of $79.24.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.