241,490 Shares of Avantis Emerging Markets Equity ETF $AVEM Acquired by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC bought a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 241,490 shares of the company’s stock, valued at approximately $22,705,000. Avantis Emerging Markets Equity ETF comprises about 1.0% of Cyndeo Wealth Partners LLC’s investment portfolio, making the stock its 17th largest position. Cyndeo Wealth Partners LLC owned approximately 0.08% of Avantis Emerging Markets Equity ETF as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Aspiriant LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth $467,000. GFG Capital LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 4.7% in the 3rd quarter. GFG Capital LLC now owns 43,129 shares of the company’s stock worth $4,055,000 after acquiring an additional 1,925 shares during the last quarter. Newport Capital Group LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $3,279,000. Annex Advisory Services LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $157,364,000. Finally, Granite Islands Private Wealth LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at $205,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $88.89 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $73.79 and a 52 week high of $100.83. The company has a market cap of $26.87 billion, a PE ratio of 12.66 and a beta of 0.75. The firm has a 50 day simple moving average of $94.14 and a 200 day simple moving average of $92.53.

Avantis Emerging Markets Equity ETF 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.