Caprock Group LLC Buys Shares of 7,706 Avantis Emerging Markets Equity ETF $AVEM

Caprock Group LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,706 shares of the company’s stock, valued at approximately $548,000.

A number of other hedge funds also recently made changes to their positions in the stock. CFS Investment Advisory Services LLC bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth approximately $3,713,000. Centennial Wealth Advisory LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 48.4% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock worth $2,006,000 after buying 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% during the 2nd quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock worth $12,411,000 after buying an additional 1,234 shares during the period. Atlas Brown Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 223.9% in the 3rd quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock valued at $980,000 after acquiring an additional 9,022 shares in the last quarter. Finally, Cerity Partners LLC lifted 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 valued at $202,061,000 after acquiring an additional 72,106 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

Shares of NYSEARCA AVEM opened at $86.09 on Wednesday. The firm has a market cap of $19.03 billion, a PE ratio of 12.66 and a beta of 0.68. The company’s fifty day simple moving average is $80.68 and its 200 day simple moving average is $76.81. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month 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.