Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC trimmed its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.4% during the third quarter, HoldingsChannel.com reports. The firm owned 98,503 shares of the company’s stock after selling 11,450 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,261,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Baird Financial Group Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 135.1% during the second quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock worth $14,090,000 after purchasing an additional 83,919 shares during the period. Independence Bank of Kentucky grew its holdings in shares of Avantis Emerging Markets Equity ETF by 39.3% in the second quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock valued at $7,837,000 after acquiring an additional 22,913 shares in the last quarter. Cahill Financial Advisors Inc. increased its stake in Avantis Emerging Markets Equity ETF by 4.3% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 157,737 shares of the company’s stock worth $15,220,000 after acquiring an additional 6,475 shares during the last quarter. HB Wealth Management LLC raised its holdings in Avantis Emerging Markets Equity ETF by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 1,108,268 shares of the company’s stock worth $106,937,000 after purchasing an additional 47,729 shares in the last quarter. Finally, Evanson Financial LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the second quarter valued at $940,000.

Avantis Emerging Markets Equity ETF Stock Up 1.7%

Shares of NYSEARCA:AVEM opened at $83.28 on Friday. The business’s 50 day moving average is $92.13 and its 200 day moving average is $90.09. The stock has a market cap of $26.00 billion, a P/E ratio of 12.66 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 52-week low of $73.79 and a 52-week high of $100.83.

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.