Cwm LLC Has $3.61 Million Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Cwm LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 110.7% in the fourth quarter, Holdings Channel reports. The firm owned 64,014 shares of the company’s stock after buying an additional 33,628 shares during the quarter. Cwm LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,610,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Morris Financial Concepts Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 1.6% during the third quarter. Morris Financial Concepts Inc. now owns 12,395 shares of the company’s stock worth $654,000 after purchasing an additional 201 shares during the period. Sterneck Capital Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 3.1% during the third quarter. Sterneck Capital Management LLC now owns 8,006 shares of the company’s stock worth $423,000 after acquiring an additional 240 shares in the last quarter. Altus Wealth Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 2.3% during the fourth quarter. Altus Wealth Group LLC now owns 11,024 shares of the company’s stock worth $622,000 after acquiring an additional 253 shares in the last quarter. Lauterbach Financial Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 6.7% during the third quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock worth $231,000 after acquiring an additional 275 shares in the last quarter. Finally, Good Life Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 1.1% during the fourth quarter. Good Life Advisors LLC now owns 25,510 shares of the company’s stock worth $1,439,000 after acquiring an additional 277 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.4 %

AVEM stock opened at $57.77 on Thursday. The business’s 50-day moving average price is $57.62 and its two-hundred day moving average price is $55.49. The firm has a market cap of $5.10 billion, a PE ratio of 9.46 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1-year low of $50.65 and a 1-year high of $59.40.

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.