Cerity Partners LLC Increases Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Cerity Partners LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 13.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,615,107 shares of the company’s stock after acquiring an additional 319,867 shares during the period. Cerity Partners LLC owned 1.60% of Avantis Emerging Markets Equity ETF worth $179,714,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVEM. Hantz Financial Services Inc. grew its stake in shares of 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 worth $25,000 after purchasing an additional 355 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in Avantis Emerging Markets Equity ETF by 213.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after buying an additional 335 shares during the period. South Plains Financial Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter worth approximately $41,000. Clarity Asset Management Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 31.5% in the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after buying an additional 180 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at approximately $69,000.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

Shares of Avantis Emerging Markets Equity ETF stock opened at $77.25 on Friday. The business has a 50 day moving average of $76.50 and a 200 day moving average of $72.14. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76. The company has a market cap of $14.33 billion, a PE ratio of 12.66 and a beta of 0.68.

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.