Avantis Emerging Markets Equity ETF $AVEM Stock Position Lowered by Greenup Street Wealth Management LLC

Greenup Street Wealth Management LLC lessened its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 619,902 shares of the company’s stock after selling 21,637 shares during the period. Avantis Emerging Markets Equity ETF comprises about 7.0% of Greenup Street Wealth Management LLC’s holdings, making the stock its 4th largest holding. Greenup Street Wealth Management LLC owned approximately 0.24% of Avantis Emerging Markets Equity ETF worth $49,952,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Rothschild Investment LLC increased its stake in Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $36,000. Team Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% during the fourth quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% during the fourth quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares during the period. Finally, Motiv8 Investments LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth approximately $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $94.78 on Thursday. Avantis Emerging Markets Equity ETF has a 52-week low of $67.75 and a 52-week high of $100.83. The company’s 50 day moving average price is $93.58 and its 200-day moving average price is $85.87. The stock has a market capitalization of $24.72 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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.