Avantis Emerging Markets Equity ETF $AVEM Stock Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC lowered its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,324 shares of the company’s stock after selling 13,058 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 1.1% of WealthPLAN Partners LLC’s portfolio, making the stock its 22nd biggest position. WealthPLAN Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,860,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cherry Tree Wealth Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.9% in the third quarter. Cherry Tree Wealth Management LLC now owns 77,112 shares of the company’s stock valued at $7,250,000 after buying an additional 680 shares during the period. WealthPlan Investment Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 8.9% during the third quarter. WealthPlan Investment Management LLC now owns 223,351 shares of the company’s stock worth $20,999,000 after acquiring an additional 18,223 shares during the period. Mainsail Asset Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 6.1% during the third quarter. Mainsail Asset Management LLC now owns 3,210 shares of the company’s stock worth $309,000 after acquiring an additional 184 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Avantis Emerging Markets Equity ETF by 12.4% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 37,595 shares of the company’s stock worth $3,535,000 after purchasing an additional 4,145 shares during the period. Finally, Mather Group LLC. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $99,000.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock traded down $0.80 during midday trading on Thursday, reaching $90.22. The stock had a trading volume of 1,202,700 shares, compared to its average volume of 1,908,661. The firm’s fifty day simple moving average is $94.23 and its 200-day simple moving average is $92.47. Avantis Emerging Markets Equity ETF has a 1-year low of $73.79 and a 1-year high of $100.83. The stock has a market capitalization of $27.28 billion, a P/E ratio of 12.66 and a beta of 0.75.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.