Captrust Financial Advisors Invests $224,000 in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Captrust Financial Advisors purchased a new position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 3,463 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors have also added to or reduced their stakes in the company. Iron Horse Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $28,000. Northwest Investment Counselors LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $37,000. City State Bank purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $45,000. Brown Lisle Cummings Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at about $82,000. Finally, Nemes Rush Group LLC boosted its position in Avantis Emerging Markets Equity ETF by 68.1% during the second quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock valued at $109,000 after buying an additional 724 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.1 %

NYSEARCA AVEM opened at $62.00 on Monday. The company has a 50-day simple moving average of $62.55 and a two-hundred day simple moving average of $61.79. Avantis Emerging Markets Equity ETF has a 12-month low of $52.72 and a 12-month high of $66.31. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.