Legacy CG LLC Acquires New Holdings in Avantis Emerging Markets Equity ETF $AVEM

Legacy CG LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 78,004 shares of the company’s stock, valued at approximately $6,008,000. Avantis Emerging Markets Equity ETF makes up approximately 1.7% of Legacy CG LLC’s investment portfolio, making the stock its 25th biggest holding.

A number of other institutional investors also recently added to or reduced their stakes in AVEM. Asempa Wealth Advisors acquired a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter worth about $939,000. Breakwater Capital Group boosted its holdings in Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after acquiring an additional 6,774 shares in the last quarter. CFS Investment Advisory Services LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth about $3,713,000. Centennial Wealth Advisory LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 48.4% in the third quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock worth $2,006,000 after acquiring an additional 8,707 shares in the last quarter. Finally, White Pine Investment CO acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth about $2,799,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $89.91 on Friday. The company has a market cap of $22.91 billion, a PE ratio of 12.66 and a beta of 0.67. The business has a 50-day simple moving average of $84.12 and a two-hundred day simple moving average of $80.15. Avantis Emerging Markets Equity ETF has a fifty-two week low of $57.63 and a fifty-two week high of $90.69.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.