rebel Financial LLC Sells 8,915 Shares of Avantis Emerging Markets Equity ETF $AVEM

rebel Financial LLC trimmed its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,492 shares of the company’s stock after selling 8,915 shares during the period. Avantis Emerging Markets Equity ETF comprises 2.6% of rebel Financial LLC’s holdings, making the stock its 11th biggest holding. rebel Financial LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in AVEM. Bank of America Corp DE increased its position in shares of Avantis Emerging Markets Equity ETF by 1,271.2% during the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after acquiring an additional 16,265,184 shares during the period. Align Financial LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $528,227,000. Kestra Investment Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 3,618.9% in the fourth quarter. Kestra Investment Management LLC now owns 1,475,543 shares of the company’s stock valued at $113,646,000 after purchasing an additional 1,435,866 shares during the period. Maseco LLP bought a new position in Avantis Emerging Markets Equity ETF in the first quarter worth approximately $93,504,000. Finally, LPL Financial LLC increased its holdings in Avantis Emerging Markets Equity ETF by 39.6% during the 4th quarter. LPL Financial LLC now owns 3,740,586 shares of the company’s stock worth $288,100,000 after purchasing an additional 1,061,034 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 3.1%

Shares of AVEM stock opened at $93.54 on Thursday. Avantis Emerging Markets Equity ETF has a twelve month low of $68.15 and a twelve month high of $100.83. The stock has a market capitalization of $25.41 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The stock has a fifty day simple moving average of $94.22 and a two-hundred day simple moving average of $86.49.

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.