Northwest Wealth Management LLC Lowers Position in Avantis Emerging Markets Equity ETF $AVEM

Northwest Wealth Management LLC decreased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 135,744 shares of the company’s stock after selling 9,406 shares during the period. Avantis Emerging Markets Equity ETF comprises about 1.6% of Northwest Wealth Management LLC’s holdings, making the stock its 15th biggest position. Northwest Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $10,455,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Nova R Wealth Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter worth $248,000. Spire Wealth Management grew its position in shares of Avantis Emerging Markets Equity ETF by 43.4% during the fourth quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $83,000 after purchasing an additional 326 shares in the last quarter. MFA Wealth Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 3.9% during the fourth quarter. MFA Wealth Advisors LLC now owns 192,951 shares of the company’s stock valued at $14,861,000 after purchasing an additional 7,193 shares in the last quarter. ACT Advisors LLC. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% in the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after purchasing an additional 10,245 shares during the last quarter. Finally, Chris Bulman Inc increased its holdings in shares of Avantis Emerging Markets Equity ETF by 12.7% in the fourth quarter. Chris Bulman Inc now owns 72,598 shares of the company’s stock worth $5,591,000 after purchasing an additional 8,162 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM opened at $78.60 on Monday. The business’s 50-day moving average is $83.83 and its 200 day moving average is $79.24. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $89.75. The company has a market capitalization of $17.37 billion, a P/E ratio of 12.66 and a beta of 0.68.

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.