Certified Advisory Corp Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Certified Advisory Corp raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 131,317 shares of the company’s stock after buying an additional 6,787 shares during the quarter. Certified Advisory Corp owned about 0.05% of Avantis Emerging Markets Equity ETF worth $10,582,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AVEM. AQR Capital Management LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 13.2% during the first quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after acquiring an additional 2,596 shares during the last quarter. M&T Bank Corp acquired a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $287,000. Diversify Advisory Services LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $478,000. Diversify Wealth Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after purchasing an additional 2,244 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its holdings in Avantis Emerging Markets Equity ETF by 74.1% in the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after purchasing an additional 6,271 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $94.70 on Wednesday. Avantis Emerging Markets Equity ETF has a 12-month low of $67.14 and a 12-month high of $100.83. The stock has a market capitalization of $24.70 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm’s 50-day moving average is $93.42 and its two-hundred day moving average is $85.74.

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.