Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is Cannon Financial Strategists Inc.’s 7th Largest Position

Cannon Financial Strategists Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 349,695 shares of the company’s stock after buying an additional 12,538 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 3.5% of Cannon Financial Strategists Inc.’s holdings, making the stock its 7th biggest holding. Cannon Financial Strategists Inc. owned 0.39% of Avantis Emerging Markets Equity ETF worth $20,559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Raymond James & Associates increased its holdings in shares of Avantis Emerging Markets Equity ETF by 123.1% in the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after acquiring an additional 105,243 shares during the period. Brown Lisle Cummings Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $82,000. Northwest Investment Counselors LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $37,000. WJ Interests LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 4.1% in the 3rd quarter. WJ Interests LLC now owns 283,199 shares of the company’s stock valued at $18,295,000 after acquiring an additional 11,221 shares during the period. Finally, Trellis Wealth Advisors LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 1.5% in the 3rd quarter. Trellis Wealth Advisors LLC now owns 77,432 shares of the company’s stock valued at $5,002,000 after acquiring an additional 1,153 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $61.64 on Wednesday. The firm’s fifty day simple moving average is $59.56 and its 200-day simple moving average is $61.17. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $55.65 and a 12 month high of $66.31.

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.