Cahill Financial Advisors Inc. Acquires 6,475 Shares of Avantis Emerging Markets Equity ETF $AVEM

Cahill Financial Advisors Inc. increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 157,737 shares of the company’s stock after acquiring an additional 6,475 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.5% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 19th largest position. Cahill Financial Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $15,220,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE raised 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 acquiring an additional 16,265,184 shares during the period. Align Financial LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth $528,227,000. Kestra Investment Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 3,618.9% during the 4th quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after acquiring an additional 1,435,866 shares during the period. Maseco LLP bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at $93,504,000. Finally, LPL Financial LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 39.6% in the 4th quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock worth $288,100,000 after purchasing an additional 1,061,034 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $96.04 on Thursday. Avantis Emerging Markets Equity ETF has a one year low of $72.94 and a one year high of $100.83. The stock’s fifty day moving average is $92.65 and its 200 day moving average is $90.58. The stock has a market cap of $27.33 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.