Allworth Financial LP Sells 2,827 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Allworth Financial LP lessened its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,770 shares of the company’s stock after selling 2,827 shares during the period. Allworth Financial LP’s holdings in Avantis Emerging Markets Equity ETF were worth $1,591,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter worth $28,000. Northwest Investment Counselors LLC bought a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth about $37,000. Brown Lisle Cummings Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth about $82,000. FMR LLC increased its holdings in Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $144,000.

Avantis Emerging Markets Equity ETF Trading Up 0.8 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $61.64 on Wednesday. The company has a market cap of $5.52 billion, a PE ratio of 9.91 and a beta of 0.88. The company has a 50 day moving average of $59.57 and a 200-day moving average of $61.15. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year high of $66.31.

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.