Centurion Wealth Management LLC Takes $588,000 Position in Avantis Emerging Markets Equity ETF $AVEM

Centurion Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,633 shares of the company’s stock, valued at approximately $588,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVEM. American Capital Advisory LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth approximately $30,000. Team Financial Group LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares during the period. Tripletail Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth approximately $49,000. Spire Wealth Management boosted its position in Avantis Emerging Markets Equity ETF by 324.9% during the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after purchasing an additional 575 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $78.60 on Monday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $89.75. The firm has a market capitalization of $17.37 billion, a P/E ratio of 12.66 and a beta of 0.68. The firm’s 50 day moving average is $83.83 and its 200-day moving average is $79.24.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.