CENTRAL TRUST Co Acquires 8,120 Shares of Avantis Emerging Markets Equity ETF $AVEM

CENTRAL TRUST Co raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 45.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,016 shares of the company’s stock after purchasing an additional 8,120 shares during the period. CENTRAL TRUST Co’s holdings in Avantis Emerging Markets Equity ETF were worth $1,783,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Modera Wealth Management LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 0.7% in the second quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock worth $12,411,000 after purchasing an additional 1,234 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Avantis Emerging Markets Equity ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock worth $17,485,000 after buying an additional 20,996 shares during the last quarter. Stone Summit Wealth LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 2.8% in the second quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock worth $2,356,000 after acquiring an additional 935 shares during the period. Brown Advisory Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the first quarter valued at $426,000. Finally, Janney Montgomery Scott LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 27.3% in the second quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock valued at $2,044,000 after acquiring an additional 6,387 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $78.11 on Wednesday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $78.76. The stock has a market capitalization of $14.49 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The stock’s 50-day simple moving average is $75.61 and its two-hundred day simple moving average is $70.45.

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.