Avantis Emerging Markets Equity ETF $AVEM Holdings Decreased by WealthPLAN Partners LLC

WealthPLAN Partners LLC lowered its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 17.3% during the third quarter, Holdings Channel.com reports. The fund owned 62,324 shares of the company’s stock after selling 13,058 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 1.1% of WealthPLAN Partners LLC’s holdings, making the stock its 22nd largest holding. WealthPLAN Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,860,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock valued at $2,310,765,000 after buying an additional 8,908,264 shares during the last quarter. Align Financial LLC acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $528,227,000. PNC Financial Services Group Inc. raised its position in Avantis Emerging Markets Equity ETF by 6.0% during the first quarter. PNC Financial Services Group Inc. now owns 2,329,760 shares of the company’s stock worth $187,732,000 after acquiring an additional 131,390 shares in the last quarter. Cetera Investment Advisers raised its position in Avantis Emerging Markets Equity ETF by 13.3% during the first quarter. Cetera Investment Advisers now owns 1,868,208 shares of the company’s stock worth $150,540,000 after acquiring an additional 219,618 shares in the last quarter. Finally, Annex Advisory Services LLC lifted its stake in Avantis Emerging Markets Equity ETF by 1.0% in the second quarter. Annex Advisory Services LLC now owns 1,548,921 shares of the company’s stock valued at $149,455,000 after acquiring an additional 15,884 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.9%

Shares of AVEM traded down $0.80 during midday trading on Thursday, reaching $90.22. The stock had a trading volume of 1,202,700 shares, compared to its average volume of 1,908,661. The firm has a market cap of $27.28 billion, a PE ratio of 12.66 and a beta of 0.75. The firm has a 50 day simple moving average of $94.23 and a 200-day simple moving average of $92.47. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year 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.