Larson Financial Group LLC Trims Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Larson Financial Group LLC trimmed its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 23.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 231,368 shares of the company’s stock after selling 71,788 shares during the period. Larson Financial Group LLC owned approximately 0.12% of Avantis Emerging Markets Equity ETF worth $17,378,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $266,000. Kickstand Ventures LLC. acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $224,000. Hilltop Holdings Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $3,341,000. Focus Partners Wealth lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 2.0% in the 3rd quarter. Focus Partners Wealth now owns 1,740,003 shares of the company’s stock valued at $130,692,000 after purchasing an additional 34,748 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $2,278,000.

Avantis Emerging Markets Equity ETF Stock Up 2.6%

NYSEARCA:AVEM opened at $82.57 on Tuesday. The company has a market capitalization of $18.25 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $89.75. The stock’s 50 day moving average price is $83.80 and its 200 day moving average price is $78.69.

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.