Larson Financial Group LLC Trims Holdings in Avantis Emerging Markets Equity ETF $AVEM

Larson Financial Group LLC lowered its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 23.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 231,368 shares of the company’s stock after selling 71,788 shares during the period. Larson Financial Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $17,378,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Capital Advisory LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $30,000. Tripletail Wealth Management LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $49,000. Spire Wealth Management increased its position in Avantis Emerging Markets Equity ETF by 324.9% in the 3rd quarter. Spire Wealth Management now owns 752 shares of the company’s stock valued at $56,000 after acquiring an additional 575 shares during the period. Mather Group LLC. purchased a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $57,000. Finally, Blue Trust Inc. raised its stake in Avantis Emerging Markets Equity ETF by 306.3% during the 3rd quarter. Blue Trust Inc. now owns 780 shares of the company’s stock valued at $59,000 after acquiring an additional 588 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 2.6%

Shares of AVEM stock opened at $82.57 on Tuesday. The company has a market capitalization of $18.25 billion, a P/E ratio of 12.66 and a beta of 0.68. The business’s 50 day moving average is $83.80 and its two-hundred day moving average is $78.69. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75.

Avantis Emerging Markets Equity ETF Company 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.