Cogent Private Wealth Inc. Purchases Shares of 15,999 Avantis Emerging Markets Equity ETF $AVEM

Cogent Private Wealth Inc. purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 15,999 shares of the company’s stock, valued at approximately $1,232,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AVEM. Asempa Wealth Advisors purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $939,000. Breakwater Capital Group grew its holdings in shares of Avantis Emerging Markets Equity ETF by 14.8% during the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock worth $4,045,000 after purchasing an additional 6,774 shares during the last quarter. ACT Advisors LLC. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after purchasing an additional 10,245 shares during the last quarter. Armstrong Fleming & Moore Inc grew its holdings in shares of Avantis Emerging Markets Equity ETF by 16.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock worth $18,010,000 after purchasing an additional 32,228 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 105.5% during the third quarter. Clear Creek Financial Management LLC now owns 17,265 shares of the company’s stock worth $1,297,000 after purchasing an additional 8,863 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $98.88 on Tuesday. The stock’s 50-day moving average is $88.61 and its two-hundred day moving average is $83.50. The firm has a market cap of $25.79 billion, a price-to-earnings ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 1 year low of $64.39 and a 1 year high of $99.41.

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.