WealthPLAN Partners LLC Reduces Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

WealthPLAN Partners LLC trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,108 shares of the company’s stock after selling 1,783 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 0.9% of WealthPLAN Partners LLC’s portfolio, making the stock its 26th largest position. WealthPLAN Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $8,498,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealthstream Advisors Inc. grew its stake in Avantis Emerging Markets Equity ETF by 1.2% during the 2nd quarter. Wealthstream Advisors Inc. now owns 16,503 shares of the company’s stock worth $1,008,000 after buying an additional 190 shares during the last quarter. Tillman Hartley LLC grew its stake in Avantis Emerging Markets Equity ETF by 1.4% during the 2nd quarter. Tillman Hartley LLC now owns 13,811 shares of the company’s stock valued at $844,000 after purchasing an additional 190 shares during the last quarter. CVA Family Office LLC grew its stake in Avantis Emerging Markets Equity ETF by 59.7% during the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares during the last quarter. Trellis Wealth Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 0.3% during the 1st quarter. Trellis Wealth Advisors LLC now owns 79,564 shares of the company’s stock valued at $4,612,000 after purchasing an additional 226 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 1.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 15,890 shares of the company’s stock valued at $896,000 after purchasing an additional 228 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.2 %

Shares of AVEM stock opened at $60.95 on Tuesday. The stock has a market cap of $5.46 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52-week low of $50.65 and a 52-week high of $63.64. The business has a 50-day simple moving average of $60.77 and a 200-day simple moving average of $60.03.

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.