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

Certified Advisory Corp boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 124,530 shares of the company’s stock after purchasing an additional 7,809 shares during the period. Certified Advisory Corp owned approximately 0.06% of Avantis Emerging Markets Equity ETF worth $9,591,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. American Capital Advisory LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at about $30,000. Tripletail Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $49,000. Spire Wealth Management lifted its stake in shares of Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after acquiring an additional 575 shares during the last quarter. Mather Group LLC. purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $57,000. Finally, Blue Trust Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 306.3% during the 3rd quarter. Blue Trust Inc. now owns 780 shares of the company’s stock valued at $59,000 after acquiring an additional 588 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $80.28 on Wednesday. The stock’s 50 day simple moving average is $83.93 and its 200 day simple moving average is $79.11. The firm has a market cap of $17.74 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $89.75.

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.