Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Tarbox Family Office Inc.

Tarbox Family Office Inc. reduced its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 520,046 shares of the company’s stock after selling 12,138 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 5.7% of Tarbox Family Office Inc.’s portfolio, making the stock its 3rd biggest holding. Tarbox Family Office Inc. owned approximately 0.29% of Avantis Emerging Markets Equity ETF worth $39,061,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pasadena Private Wealth LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 11.0% during the 3rd quarter. Pasadena Private Wealth LLC now owns 312,781 shares of the company’s stock valued at $23,493,000 after acquiring an additional 31,037 shares during the last quarter. Silver Oak Wealth Advisors Services LLC grew its holdings in Avantis Emerging Markets Equity ETF by 2.8% in the third quarter. Silver Oak Wealth Advisors Services LLC now owns 103,719 shares of the company’s stock valued at $7,790,000 after purchasing an additional 2,867 shares during the period. Visionary Horizons LLC increased its position in Avantis Emerging Markets Equity ETF by 8.1% during the third quarter. Visionary Horizons LLC now owns 81,702 shares of the company’s stock worth $6,137,000 after purchasing an additional 6,093 shares during the last quarter. ShoreHaven Wealth Partners LLC raised its stake in Avantis Emerging Markets Equity ETF by 102.2% during the third quarter. ShoreHaven Wealth Partners LLC now owns 131,986 shares of the company’s stock worth $9,913,000 after purchasing an additional 66,698 shares during the period. Finally, Clarity Capital Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 2.4% during the third quarter. Clarity Capital Advisors LLC now owns 22,624 shares of the company’s stock worth $1,699,000 after purchasing an additional 541 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

Shares of AVEM opened at $79.98 on Friday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $80.38. The company’s fifty day moving average is $77.02 and its two-hundred day moving average is $74.03. The firm has a market cap of $16.68 billion, a PE ratio of 12.66 and a beta of 0.68.

Avantis Emerging Markets Equity ETF Company 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.