Certified Advisory Corp Raises Position in Avantis Emerging Markets Equity ETF $AVEM

Certified Advisory Corp lifted its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 131,317 shares of the company’s stock after acquiring an additional 6,787 shares during the period. Certified Advisory Corp’s holdings in Avantis Emerging Markets Equity ETF were worth $10,582,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVEM. Bank of America Corp DE lifted its position in Avantis Emerging Markets Equity ETF by 1,271.2% during the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after buying an additional 16,265,184 shares during the period. Align Financial LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $528,227,000. Kestra Investment Management LLC grew its holdings in Avantis Emerging Markets Equity ETF by 3,618.9% in the 4th quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after buying an additional 1,435,866 shares during the period. LPL Financial LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 39.6% during the 4th quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock valued at $288,100,000 after acquiring an additional 1,061,034 shares during the last quarter. Finally, BOKF NA increased its stake in shares of Avantis Emerging Markets Equity ETF by 9,498.3% during the 3rd quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after acquiring an additional 852,280 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $94.70 on Wednesday. The firm 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 1-year low of $67.14 and a 1-year high of $100.83. The firm’s 50-day simple moving average is $93.42 and its 200-day simple moving average is $85.74.

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.