Atria Investments Inc Boosts Stake in Avantis Emerging Markets Equity ETF $AVEM

Atria Investments Inc lifted its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 38.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,059 shares of the company’s stock after purchasing an additional 6,104 shares during the quarter. Atria Investments Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $1,657,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. CFS Investment Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $3,713,000. Centennial Wealth Advisory LLC lifted its holdings in shares of 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 valued at $2,006,000 after purchasing an additional 8,707 shares in the last quarter. Modera Wealth Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 0.7% in the second quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock valued at $12,411,000 after purchasing an additional 1,234 shares during the last quarter. Atlas Brown Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 223.9% during the 3rd quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock worth $980,000 after purchasing an additional 9,022 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 2.8% during the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock worth $202,061,000 after purchasing an additional 72,106 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM stock opened at $86.09 on Wednesday. The stock’s 50 day moving average price is $80.68 and its 200 day moving average price is $76.81. The firm has a market cap of $19.03 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $87.56.

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.