JNBA Financial Advisors Sells 11,266 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

JNBA Financial Advisors lessened its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 87,969 shares of the company’s stock after selling 11,266 shares during the period. JNBA Financial Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $5,172,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of AVEM. FMR LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after purchasing an additional 1,393 shares during the last quarter. Raymond James & Associates grew its position in shares of Avantis Emerging Markets Equity ETF by 123.1% in the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after buying an additional 105,243 shares during the last quarter. Natixis Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 12.6% in the 3rd quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after purchasing an additional 2,107 shares in the last quarter. Silvia Mccoll Wealth Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 7.7% in the 4th quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock worth $1,427,000 after purchasing an additional 1,740 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $3,872,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $61.16 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31. The firm has a 50-day moving average of $59.60 and a 200 day moving average of $61.14. The company has a market cap of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.