Certified Advisory Corp Increases Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Certified Advisory Corp boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,619 shares of the company’s stock after acquiring an additional 12,897 shares during the period. Certified Advisory Corp owned 0.10% of Avantis Emerging Markets Equity ETF worth $5,230,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of AVEM. TD Capital Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth about $25,000. Principal Securities Inc. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $31,000. Gleason Group Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the second quarter valued at approximately $33,000. CVA Family Office LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 59.7% during the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after buying an additional 209 shares during the period. Finally, Bessemer Group Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the first quarter worth $69,000.

Avantis Emerging Markets Equity ETF Stock Down 0.3 %

NYSEARCA:AVEM opened at $61.73 on Monday. The firm’s fifty day simple moving average is $60.64 and its 200 day simple moving average is $60.14. The stock has a market cap of $5.52 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $63.64.

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.