Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stake Raised by Cwm LLC

Cwm LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 110.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,014 shares of the company’s stock after buying an additional 33,628 shares during the period. Cwm LLC owned 0.09% of Avantis Emerging Markets Equity ETF worth $3,610,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in AVEM. Morris Financial Concepts Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.6% during the third quarter. Morris Financial Concepts Inc. now owns 12,395 shares of the company’s stock valued at $654,000 after acquiring an additional 201 shares during the period. Sterneck Capital Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 3.1% during the third quarter. Sterneck Capital Management LLC now owns 8,006 shares of the company’s stock valued at $423,000 after acquiring an additional 240 shares during the period. Altus Wealth Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.3% during the fourth quarter. Altus Wealth Group LLC now owns 11,024 shares of the company’s stock valued at $622,000 after acquiring an additional 253 shares during the period. Lauterbach Financial Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 6.7% during the third quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock valued at $231,000 after acquiring an additional 275 shares during the period. Finally, Good Life Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 1.1% during the fourth quarter. Good Life Advisors LLC now owns 25,510 shares of the company’s stock valued at $1,439,000 after acquiring an additional 277 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $57.77 on Thursday. Avantis Emerging Markets Equity ETF has a 12 month low of $50.65 and a 12 month high of $59.40. The firm has a market capitalization of $5.10 billion, a PE ratio of 9.46 and a beta of 0.80. The company’s 50 day simple moving average is $57.62 and its 200 day simple moving average is $55.49.

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.