Avantis Emerging Markets Equity ETF $AVEM Holdings Lowered by Websterrogers Financial Advisors LLC

Websterrogers Financial Advisors LLC reduced its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,954 shares of the company’s stock after selling 9,599 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 4.6% of Websterrogers Financial Advisors LLC’s portfolio, making the stock its 6th largest holding. Websterrogers Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $15,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of 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 purchasing an additional 16,265,184 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Avantis Emerging Markets Equity ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 17,514,256 shares of the company’s stock worth $1,200,426,000 after buying an additional 2,483,487 shares during the period. PNC Financial Services Group Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 307.9% in the second quarter. PNC Financial Services Group Inc. now owns 1,795,928 shares of the company’s stock valued at $123,093,000 after buying an additional 1,355,637 shares during the last quarter. Maseco LLP purchased a new stake in Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $74,121,000. Finally, Midwest Trust Co acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $47,678,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $75.06 on Friday. The firm’s fifty day simple moving average is $76.58 and its 200-day simple moving average is $72.80. The stock has a market capitalization of $13.92 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $78.76.

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.