Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Cloud Capital Management LLC

Cloud Capital Management LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 138.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,546 shares of the company’s stock after buying an additional 4,376 shares during the quarter. Cloud Capital Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $523,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Hantz Financial Services Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2,366.7% in the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after purchasing an additional 355 shares in the last quarter. POM Investment Strategies LLC acquired a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. AdvisorNet Financial Inc boosted its holdings in Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares in the last quarter. South Plains Financial Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $41,000. Finally, Clarity Asset Management Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 31.5% in the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after purchasing an additional 180 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 2.1%

Shares of AVEM opened at $76.58 on Wednesday. The stock has a 50 day moving average price of $74.99 and a 200 day moving average price of $69.82. The company has a market capitalization of $14.19 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $78.76.

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.