Wealth Enhancement Advisory Services LLC Sells 16,213 Shares of Avantis Emerging Markets Equity ETF $AVEM

Wealth Enhancement Advisory Services LLC lessened its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 269,271 shares of the company’s stock after selling 16,213 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $21,587,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVEM. CFS Investment Advisory Services LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $3,713,000. Centennial Wealth Advisory LLC lifted its stake in Avantis Emerging Markets Equity ETF by 48.4% in the third quarter. Centennial Wealth Advisory LLC now owns 26,705 shares of the company’s stock worth $2,006,000 after acquiring an additional 8,707 shares during the period. White Pine Investment CO bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $2,799,000. Atlas Brown Inc. increased its position in Avantis Emerging Markets Equity ETF by 223.9% during the 3rd quarter. Atlas Brown Inc. now owns 13,051 shares of the company’s stock valued at $980,000 after purchasing an additional 9,022 shares during the period. Finally, Cerity Partners LLC increased its position in Avantis Emerging Markets Equity ETF by 2.8% during the 3rd quarter. Cerity Partners LLC now owns 2,687,213 shares of the company’s stock valued at $202,061,000 after purchasing an additional 72,106 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 1.4%

Shares of NYSEARCA AVEM opened at $80.28 on Wednesday. The firm has a fifty day simple moving average of $83.93 and a two-hundred day simple moving average of $79.11. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $89.75. The firm has a market capitalization of $17.74 billion, a PE ratio of 12.66 and a beta of 0.68.

Avantis Emerging Markets Equity ETF 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.