CWA Asset Management Group LLC Takes $386,000 Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

CWA Asset Management Group LLC purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 5,979 shares of the company’s stock, valued at approximately $386,000.

Other hedge funds also recently modified their holdings of the company. Iron Horse Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $28,000. Gleason Group Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF during the second quarter worth about $33,000. CVA Family Office LLC grew its holdings 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 worth $34,000 after buying an additional 209 shares in the last quarter. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at approximately $37,000. Finally, City State Bank acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $45,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM traded up $0.40 during mid-day trading on Monday, hitting $62.99. 354,146 shares of the company’s stock were exchanged, compared to its average volume of 381,610. The company has a 50-day simple moving average of $62.82 and a 200 day simple moving average of $61.45. The company has a market cap of $5.64 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $52.68 and a 52 week high of $66.31.

Avantis Emerging Markets Equity ETF 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.