Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 92.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,335 shares of the company’s stock after acquiring an additional 44,244 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,112,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $36,000. Team Financial Group LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% in the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 49.5% in the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after acquiring an additional 183 shares during the period. MeadowBrook Investment Advisors LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at $65,000. Finally, LGT Financial Advisors LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $78,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $96.98 on Friday. The firm’s fifty day simple moving average is $87.96 and its 200-day simple moving average is $83.22. The stock has a market capitalization of $25.29 billion, a price-to-earnings ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 12 month low of $63.91 and a 12 month high of $97.29.

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.