Cannon Financial Strategists Inc. Sells 5,257 Shares of Avantis Emerging Markets Equity ETF $AVEM

Cannon Financial Strategists Inc. decreased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 344,629 shares of the company’s stock after selling 5,257 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.7% of Cannon Financial Strategists Inc.’s holdings, making the stock its 8th largest position. Cannon Financial Strategists Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $26,543,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Investmark Advisory Group LLC raised its holdings in Avantis Emerging Markets Equity ETF by 1.8% during the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after buying an additional 121 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after buying an additional 130 shares during the last quarter. Hardin Capital Partners LLC raised its holdings in Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after buying an additional 135 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 2.2% during the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock worth $489,000 after buying an additional 139 shares during the last quarter. Finally, BLVD Private Wealth LLC raised its holdings in Avantis Emerging Markets Equity ETF by 0.6% during the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after buying an additional 140 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $95.66 on Monday. The company’s fifty day moving average price is $84.97 and its two-hundred day moving average price is $81.45. Avantis Emerging Markets Equity ETF has a 1-year low of $62.12 and a 1-year high of $95.67. The company has a market cap of $24.95 billion, a price-to-earnings ratio of 12.66 and a beta of 0.72.

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.