CFS Investment Advisory Services LLC Acquires 10,978 Shares of Avantis Emerging Markets Equity ETF $AVEM

CFS Investment Advisory Services LLC grew its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,313 shares of the company’s stock after purchasing an additional 10,978 shares during the period. CFS Investment Advisory Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $8,325,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in AVEM. Asempa Wealth Advisors purchased a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $939,000. Breakwater Capital Group raised its stake in shares of Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after purchasing an additional 6,774 shares during the last quarter. Greenwood Capital Associates LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after purchasing an additional 9,895 shares during the period. ACT Advisors LLC. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after purchasing an additional 10,245 shares during the period. Finally, Armstrong Fleming & Moore Inc boosted its position in Avantis Emerging Markets Equity ETF by 16.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after buying an additional 32,228 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.7%

Shares of NYSEARCA AVEM opened at $93.24 on Thursday. Avantis Emerging Markets Equity ETF has a 52 week low of $68.27 and a 52 week high of $100.83. The business’s 50 day moving average price is $94.63 and its 200 day moving average price is $87.12. The firm has a market cap of $25.59 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.