CGN Advisors LLC Raises Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

CGN Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.7% in the 4th quarter, Holdings Channel reports. The firm owned 213,782 shares of the company’s stock after acquiring an additional 13,483 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 1.2% of CGN Advisors LLC’s portfolio, making the stock its 19th largest position. CGN Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $12,568,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AVEM. Renaissance Technologies LLC boosted its stake in Avantis Emerging Markets Equity ETF by 49.2% during the second quarter. Renaissance Technologies LLC now owns 9,100 shares of the company’s stock worth $556,000 after buying an additional 3,000 shares during the period. King Luther Capital Management Corp acquired a new position in shares of Avantis Emerging Markets Equity ETF in the second quarter worth $238,000. Libra Wealth LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 23.7% in the 2nd quarter. Libra Wealth LLC now owns 120,299 shares of the company’s stock valued at $7,349,000 after buying an additional 23,014 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 13.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,561 shares of the company’s stock valued at $279,000 after acquiring an additional 550 shares in the last quarter. Finally, Certified Advisory Corp grew its holdings in Avantis Emerging Markets Equity ETF by 17.7% during the 2nd quarter. Certified Advisory Corp now owns 85,619 shares of the company’s stock worth $5,230,000 after acquiring an additional 12,897 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $58.82 on Friday. Avantis Emerging Markets Equity ETF has a 1-year low of $53.21 and a 1-year high of $66.31. The stock has a market cap of $5.26 billion, a PE ratio of 9.91 and a beta of 0.88. The stock’s fifty day moving average is $60.18 and its two-hundred day moving average is $61.43.

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.