Private Wealth Management Group LLC Has $1.95 Million Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Private Wealth Management Group LLC cut its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,145 shares of the company’s stock after selling 980 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 0.8% of Private Wealth Management Group LLC’s holdings, making the stock its 22nd largest position. Private Wealth Management Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,947,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Private Advisor Group LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 10.0% in the first quarter. Private Advisor Group LLC now owns 36,663 shares of the company’s stock worth $2,125,000 after acquiring an additional 3,338 shares during the last quarter. AlphaQ Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 7.1% during the first quarter. AlphaQ Advisors LLC now owns 63,612 shares of the company’s stock worth $3,687,000 after acquiring an additional 4,219 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of Avantis Emerging Markets Equity ETF by 136.9% in the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,274 shares of the company’s stock valued at $885,000 after buying an additional 8,826 shares during the period. TFB Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 12.2% in the first quarter. TFB Advisors LLC now owns 28,018 shares of the company’s stock valued at $1,638,000 after acquiring an additional 3,041 shares during the period. Finally, Vista Capital Partners Inc. increased its stake in Avantis Emerging Markets Equity ETF by 20.6% during the 1st quarter. Vista Capital Partners Inc. now owns 4,475 shares of the company’s stock valued at $259,000 after purchasing an additional 765 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM traded up $0.10 during midday trading on Friday, reaching $62.59. 373,798 shares of the company were exchanged, compared to its average volume of 381,827. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $52.10 and a one year high of $66.31. The company’s fifty day moving average price is $62.82 and its 200 day moving average price is $61.42.

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.