Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Bought by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 349,695 shares of the company’s stock after acquiring 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 largest position. Cannon Financial Strategists Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $20,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Iron Horse Wealth Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $28,000. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $37,000. Brown Lisle Cummings Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $82,000. FMR LLC increased its position in Avantis Emerging Markets Equity ETF by 223.6% during the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after purchasing an additional 1,393 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $144,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $61.64 on Wednesday. The firm has a 50 day moving average price of $59.56 and a 200 day moving average price of $61.17. The company has a market cap of $5.52 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year 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.