Congress Wealth Management LLC DE Sells 1,890 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Congress Wealth Management LLC DE decreased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,319,743 shares of the company’s stock after selling 1,890 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 1.1% of Congress Wealth Management LLC DE’s portfolio, making the stock its 12th largest holding. Congress Wealth Management LLC DE owned 1.47% of Avantis Emerging Markets Equity ETF worth $77,588,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC bought a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth $66,000. FMR LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after acquiring an additional 1,393 shares in the last quarter. Private Trust Co. NA increased its position in Avantis Emerging Markets Equity ETF by 29.4% during the fourth quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock worth $133,000 after acquiring an additional 515 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter worth about $144,000. Finally, Kestra Investment Management LLC bought a new stake in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $159,000.

Avantis Emerging Markets Equity ETF Stock Down 0.3 %

Shares of NYSEARCA:AVEM opened at $61.64 on Monday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31. The company’s 50 day moving average price is $60.16 and its two-hundred day moving average price is $61.23. The firm has a market cap of $7.82 billion, a PE ratio of 12.48 and a beta of 0.79.

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.