Centennial Wealth Advisory LLC Purchases 11,396 Shares of Avantis Emerging Markets Equity ETF $AVEM

Centennial Wealth Advisory LLC lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 40.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,347 shares of the company’s stock after purchasing an additional 11,396 shares during the period. Avantis Emerging Markets Equity ETF comprises 0.8% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 28th largest holding. Centennial Wealth Advisory LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,171,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Asempa Wealth Advisors bought a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $939,000. Breakwater Capital Group boosted its position in shares of Avantis Emerging Markets Equity ETF by 14.8% during the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after acquiring an additional 6,774 shares during the last quarter. ACT Advisors LLC. boosted its position 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 acquiring an additional 10,245 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in 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 valued at $3,870,000 after acquiring an additional 9,895 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc grew its stake in Avantis Emerging Markets Equity ETF by 16.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock valued at $18,010,000 after acquiring an additional 32,228 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $94.70 on Wednesday. The company has a market cap of $24.70 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a 52-week low of $67.14 and a 52-week high of $100.83. The firm’s fifty day moving average is $93.42 and its two-hundred day moving average is $85.74.

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.