Cerity Partners LLC Increases Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Cerity Partners LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,194,942 shares of the company’s stock after purchasing an additional 60,499 shares during the period. Cerity Partners LLC owned about 2.45% of Avantis Emerging Markets Equity ETF worth $129,041,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Savant Capital LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after acquiring an additional 1,172,561 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 8.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,915,520 shares of the company’s stock worth $876,883,000 after buying an additional 1,115,487 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 7,223.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Avantis Emerging Markets Equity ETF by 40.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,061,263 shares of the company’s stock worth $121,182,000 after purchasing an additional 589,303 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 4.9% during the fourth quarter. HighTower Advisors LLC now owns 1,846,124 shares of the company’s stock worth $108,534,000 after purchasing an additional 86,792 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 5.7 %

AVEM opened at $56.10 on Monday. The business has a 50 day moving average price of $60.48 and a two-hundred day moving average price of $61.24. Avantis Emerging Markets Equity ETF has a 52 week low of $55.59 and a 52 week high of $66.31. The company has a market cap of $7.24 billion, a PE ratio of 12.56 and a beta of 0.67.

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.