Avantis Emerging Markets Equity ETF $AVEM Shares Bought by Cerity Partners LLC

Cerity Partners LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,886,258 shares of the company’s stock after acquiring an additional 199,045 shares during the period. Cerity Partners LLC owned about 1.31% of Avantis Emerging Markets Equity ETF worth $223,341,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC grew its holdings in Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth $36,000. Team Financial Group LLC grew its holdings in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 183 shares in the last quarter. Finally, Evolution Wealth Management Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 209.7% during the 4th quarter. Evolution Wealth Management Inc. now owns 703 shares of the company’s stock worth $54,000 after acquiring an additional 476 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $93.23 on Tuesday. The firm has a market cap of $24.31 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 1-year low of $66.19 and a 1-year high of $99.67. The firm has a fifty day moving average of $90.19 and a two-hundred day moving average of $84.16.

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