Wealth Enhancement Advisory Services LLC Cuts Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Wealth Enhancement Advisory Services LLC lessened its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 269,271 shares of the company’s stock after selling 16,213 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.13% of Avantis Emerging Markets Equity ETF worth $21,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. American Capital Advisory LLC bought a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at about $30,000. Tripletail Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter worth about $49,000. Spire Wealth Management raised its position in Avantis Emerging Markets Equity ETF by 324.9% in the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after acquiring an additional 575 shares during the period. Mather Group LLC. bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth about $57,000. Finally, Blue Trust Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 306.3% during the 3rd quarter. Blue Trust Inc. now owns 780 shares of the company’s stock worth $59,000 after purchasing an additional 588 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.4%

NYSEARCA:AVEM opened at $80.28 on Wednesday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $89.75. The firm’s 50 day moving average is $83.93 and its 200 day moving average is $79.11. The stock has a market capitalization of $17.74 billion, a PE ratio of 12.66 and a beta of 0.68.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.