Avantis Emerging Markets Equity ETF $AVEM Stock Holdings Lifted by CGN Advisors LLC

CGN Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 274,549 shares of the company’s stock after acquiring an additional 19,780 shares during the period. Avantis Emerging Markets Equity ETF comprises about 1.9% of CGN Advisors LLC’s portfolio, making the stock its 11th largest holding. CGN Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $26,491,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of AVEM. Bank of America Corp DE raised its position in shares of 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 purchasing an additional 16,265,184 shares during the period. Align Financial LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter valued at $528,227,000. Kestra Investment Management LLC boosted its position in shares of 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 purchasing an additional 1,435,866 shares during the period. Maseco LLP acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at $93,504,000. Finally, LPL Financial LLC increased its stake in Avantis Emerging Markets Equity ETF by 39.6% in the 4th quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock worth $288,100,000 after purchasing an additional 1,061,034 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 2.6%

NYSEARCA AVEM opened at $92.60 on Wednesday. The stock’s 50-day moving average price is $93.75 and its two-hundred day moving average price is $88.76. The company has a market cap of $26.35 billion, a PE ratio of 12.66 and a beta of 0.74. Avantis Emerging Markets Equity ETF has a 1 year low of $69.37 and a 1 year high of $100.83.

Avantis Emerging Markets Equity ETF Company 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.