Cetera Investment Advisers Increases Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Cetera Investment Advisers raised its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 107.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 212,051 shares of the company’s stock after buying an additional 110,075 shares during the period. Cetera Investment Advisers’ holdings in Avantis Emerging Markets Equity ETF were worth $12,466,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of AVEM. Tucker Asset Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $33,000. Signaturefd LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $66,000. O Shaughnessy Asset Management LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 30.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,254 shares of the company’s stock valued at $74,000 after buying an additional 291 shares during the period. Operose Advisors LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 758.1% in the fourth quarter. Operose Advisors LLC now owns 1,330 shares of the company’s stock valued at $78,000 after acquiring an additional 1,175 shares during the last quarter. Finally, Nemes Rush Group LLC grew its position in Avantis Emerging Markets Equity ETF by 109.3% in the fourth quarter. Nemes Rush Group LLC now owns 2,225 shares of the company’s stock worth $131,000 after acquiring an additional 1,162 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.9 %

NYSEARCA:AVEM opened at $62.22 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $66.31. The stock’s fifty day moving average is $59.78 and its two-hundred day moving average is $60.26. The company has a market capitalization of $8.31 billion, a P/E ratio of 11.74 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.