Centerpoint Advisory Group Takes Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Centerpoint Advisory Group acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,563 shares of the company’s stock, valued at approximately $974,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVEM. Savant Capital LLC increased its holdings in Avantis Emerging Markets Equity ETF by 7.6% during the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after purchasing an additional 1,172,561 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares during the period. Haverford Trust Co grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.6% during the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock worth $145,262,000 after buying an additional 13,301 shares in the last quarter. Cerity Partners LLC raised its position in Avantis Emerging Markets Equity ETF by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after buying an additional 506,778 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Avantis Emerging Markets Equity ETF by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after acquiring an additional 4,738 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

Shares of AVEM opened at $61.16 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The stock has a market capitalization of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88. The company has a 50 day moving average of $59.60 and a 200-day moving average of $61.14.

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.