Centerpoint Advisory Group Has $1.86 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Centerpoint Advisory Group lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 49.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 23,149 shares of the company’s stock after purchasing an additional 7,693 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 1.4% of Centerpoint Advisory Group’s investment portfolio, making the stock its 25th largest holding. Centerpoint Advisory Group’s holdings in Avantis Emerging Markets Equity ETF were worth $1,865,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its position in Avantis Emerging Markets Equity ETF by 1,271.2% in the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after purchasing an additional 16,265,184 shares during the period. Align Financial LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth $528,227,000. Kestra Investment Management LLC increased its holdings in Avantis Emerging Markets Equity ETF by 3,618.9% in the 4th quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after buying an additional 1,435,866 shares during the period. Maseco LLP acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at $93,504,000. Finally, LPL Financial LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 39.6% during the 4th quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock worth $288,100,000 after acquiring an additional 1,061,034 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $93.01 on Tuesday. The firm has a market cap of $25.35 billion, a P/E ratio of 12.66 and a beta of 0.73. The firm’s 50-day simple moving average is $94.36 and its 200-day simple moving average is $86.72. Avantis Emerging Markets Equity ETF has a twelve month low of $68.27 and a twelve month high of $100.83.

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