Avantis Emerging Markets Equity ETF $AVEM Shares Sold by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. cut its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,293 shares of the company’s stock after selling 7,112 shares during the period. Avantis Emerging Markets Equity ETF makes up 2.6% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 10th biggest holding. ORBA Wealth Advisors L.L.C.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,949,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. American Capital Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $30,000. Team Financial Group LLC grew its position in Avantis Emerging Markets Equity ETF by 184.2% in the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after acquiring an additional 361 shares during the period. Spire Wealth Management increased its stake in Avantis Emerging Markets Equity ETF by 324.9% during the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after acquiring an additional 575 shares during the last quarter. MeadowBrook Investment Advisors LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth $65,000. Finally, LGT Financial Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $78,000.

Avantis Emerging Markets Equity ETF Stock Up 0.2%

Shares of Avantis Emerging Markets Equity ETF stock opened at $95.03 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $63.91 and a 52 week high of $96.07. The business’s fifty day simple moving average is $85.71 and its 200-day simple moving average is $82.09. The firm has a market cap of $24.78 billion, a PE ratio of 12.66 and a beta of 0.72.

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.