Centerpoint Advisory Group Buys 7,693 Shares of Avantis Emerging Markets Equity ETF $AVEM

Centerpoint Advisory Group raised its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 49.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,149 shares of the company’s stock after purchasing an additional 7,693 shares during the period. Avantis Emerging Markets Equity ETF accounts for 1.4% of Centerpoint Advisory Group’s portfolio, making the stock its 25th largest holding. Centerpoint Advisory Group’s holdings in Avantis Emerging Markets Equity ETF were worth $1,865,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rothschild Investment LLC lifted its position in shares of 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 purchasing an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $36,000. Team Financial Group LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after buying an additional 361 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% in the fourth 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. Finally, Motiv8 Investments LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth $47,000.

Avantis Emerging Markets Equity ETF Trading Down 2.4%

Shares of AVEM stock opened at $93.01 on Tuesday. The firm has a market capitalization of $25.35 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 $68.27 and a 1 year high of $100.83. The firm’s fifty day simple moving average is $94.36 and its 200 day simple moving average is $86.72.

About Avantis Emerging Markets Equity ETF

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.