Avantis Emerging Markets Equity ETF $AVEM Stock Position Lessened by Private Wealth Management Group LLC

Private Wealth Management Group LLC decreased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,865 shares of the company’s stock after selling 258 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 0.7% of Private Wealth Management Group LLC’s holdings, making the stock its 24th largest position. Private Wealth Management Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,047,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AVEM. POM Investment Strategies LLC bought a new position in Avantis Emerging Markets Equity ETF during the first quarter valued at about $26,000. AdvisorNet Financial Inc increased its holdings in shares of Avantis Emerging Markets Equity ETF by 213.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares during the period. South Plains Financial Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $41,000. Clarity Asset Management Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 31.5% in the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after purchasing an additional 180 shares during the period. Finally, JFS Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 543.8% during the 1st quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after purchasing an additional 696 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $76.10 on Friday. The stock has a market cap of $13.83 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80. The business has a 50 day simple moving average of $73.54 and a 200 day simple moving average of $67.86. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $76.80.

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.