Congress Wealth Management LLC DE Cuts Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Congress Wealth Management LLC DE lessened its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEMFree Report) by 0.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,422,741 shares of the company’s stock after selling 2,050 shares during the period. Avantis Emerging Markets Equity ETF makes up about 1.5% of Congress Wealth Management LLC DE’s holdings, making the stock its 10th largest position. Congress Wealth Management LLC DE owned 2.10% of Avantis Emerging Markets Equity ETF worth $80,228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Tandem Wealth Advisors LLC acquired a new position in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $25,000. Principal Securities Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth $31,000. Westside Investment Management Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 740.0% during the fourth quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock worth $47,000 after buying an additional 740 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Avantis Emerging Markets Equity ETF by 75.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,980 shares of the company’s stock valued at $157,000 after buying an additional 1,280 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 6,247.9% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,047 shares of the company’s stock valued at $172,000 after acquiring an additional 2,999 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

AVEM stock traded up $0.32 during trading on Friday, reaching $61.60. The stock had a trading volume of 153,708 shares, compared to its average volume of 334,771. The company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $62.55. The company’s 50 day moving average is $58.94 and its two-hundred day moving average is $56.69.

Avantis Emerging Markets Equity ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

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