Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Position Decreased by Henrickson Nauta Wealth Advisors Inc.

Henrickson Nauta Wealth Advisors Inc. lessened its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,545 shares of the company’s stock after selling 312 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 4.4% of Henrickson Nauta Wealth Advisors Inc.’s portfolio, making the stock its 9th largest holding. Henrickson Nauta Wealth Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $6,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Creative Capital Management Investments LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2.7% during the 1st quarter. Creative Capital Management Investments LLC now owns 8,206 shares of the company’s stock worth $434,000 after acquiring an additional 212 shares during the last quarter. Team Hewins LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 0.3% during the 1st quarter. Team Hewins LLC now owns 91,589 shares of the company’s stock valued at $4,844,000 after purchasing an additional 249 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Avantis Emerging Markets Equity ETF by 1.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 14,513 shares of the company’s stock valued at $667,000 after purchasing an additional 260 shares during the period. Nations Financial Group Inc. IA ADV raised its position in shares of Avantis Emerging Markets Equity ETF by 4.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,870 shares of the company’s stock valued at $363,000 after purchasing an additional 287 shares during the period. Finally, KCS Wealth Advisory raised its position in shares of Avantis Emerging Markets Equity ETF by 4.9% during the 1st quarter. KCS Wealth Advisory now owns 6,298 shares of the company’s stock valued at $333,000 after purchasing an additional 292 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock traded down $0.31 on Tuesday, hitting $53.85. 37,999 shares of the stock traded hands, compared to its average volume of 277,948. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of 7.73 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 52 week low of $44.37 and a 52 week high of $57.31. The firm has a 50 day simple moving average of $54.62 and a two-hundred day simple moving average of $53.52.

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.