Cetera Investment Advisers Increases Position in Avantis Emerging Markets Equity ETF $AVEM

Cetera Investment Advisers grew its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 62.4% during the second quarter, Holdings Channel.com reports. The firm owned 548,182 shares of the company’s stock after acquiring an additional 210,622 shares during the period. Cetera Investment Advisers’ holdings in Avantis Emerging Markets Equity ETF were worth $37,572,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Truepoint Inc. raised its stake in Avantis Emerging Markets Equity ETF by 21.1% in the second quarter. Truepoint Inc. now owns 484,782 shares of the company’s stock valued at $33,227,000 after buying an additional 84,382 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 4.1% in the 2nd quarter. Foundations Investment Advisors LLC now owns 187,205 shares of the company’s stock valued at $12,831,000 after acquiring an additional 7,427 shares during the last quarter. RAM Investment Partners LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 187.8% in the 2nd quarter. RAM Investment Partners LLC now owns 14,596 shares of the company’s stock valued at $1,000,000 after acquiring an additional 9,524 shares during the last quarter. D Orazio & Associates Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 164.6% during the 2nd quarter. D Orazio & Associates Inc. now owns 91,659 shares of the company’s stock worth $6,282,000 after acquiring an additional 57,022 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 307.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock worth $123,093,000 after purchasing an additional 1,355,637 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.2%

Shares of AVEM opened at $77.58 on Monday. The company has a market capitalization of $14.39 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $78.76. The stock has a 50 day moving average price of $75.98 and a 200 day moving average price of $70.81.

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.