Capital Performance Advisors LLP Has $872,000 Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Capital Performance Advisors LLP raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,506 shares of the company’s stock after buying an additional 1,393 shares during the quarter. Capital Performance Advisors LLP’s holdings in Avantis Emerging Markets Equity ETF were worth $872,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of AVEM. Iron Horse Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $28,000. Gleason Group Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $33,000. CVA Family Office LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 59.7% during the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $37,000. Finally, City State Bank bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth about $45,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM traded down $1.60 during mid-day trading on Friday, hitting $62.75. 34,864 shares of the stock were exchanged, compared to its average volume of 380,970. The company has a market cap of $5.62 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 $52.68 and a twelve month high of $66.31. The stock’s fifty day simple moving average is $62.91 and its two-hundred day simple moving average is $61.55.

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.