Greenup Street Wealth Management LLC Sells 6,089 Shares of Avantis Emerging Markets Equity ETF $AVEM

Greenup Street Wealth Management LLC trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 791,907 shares of the company’s stock after selling 6,089 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 9.2% of Greenup Street Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Greenup Street Wealth Management LLC owned approximately 0.26% of Avantis Emerging Markets Equity ETF worth $74,455,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of AVEM. Baird Financial Group Inc. raised its position in Avantis Emerging Markets Equity ETF by 135.1% in the 2nd quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock worth $14,090,000 after purchasing an additional 83,919 shares during the last quarter. Independence Bank of Kentucky boosted its position in Avantis Emerging Markets Equity ETF by 39.3% in the 2nd quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock valued at $7,837,000 after buying an additional 22,913 shares during the last quarter. Cahill Financial Advisors Inc. boosted its position in Avantis Emerging Markets Equity ETF by 4.3% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 157,737 shares of the company’s stock valued at $15,220,000 after buying an additional 6,475 shares during the last quarter. Evanson Financial LLC bought a new position in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $940,000. Finally, HB Wealth Management LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 4.5% in the 2nd quarter. HB Wealth Management LLC now owns 1,108,268 shares of the company’s stock valued at $106,937,000 after buying an additional 47,729 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM opened at $86.02 on Friday. The stock has a market capitalization of $26.49 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 52 week low of $73.79 and a 52 week high of $100.83. The stock has a fifty day moving average of $93.09 and a 200-day moving average of $90.00.

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.