Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 33.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 13,777 shares of the company’s stock after selling 7,080 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $810,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Evanson Asset Management LLC raised its position in Avantis Emerging Markets Equity ETF by 2.2% during the fourth quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock worth $516,000 after acquiring an additional 187 shares during the last quarter. Orion Capital Management LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 2.1% during the 3rd quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock worth $646,000 after purchasing an additional 204 shares during the last quarter. Atlas Brown Inc. lifted its stake in Avantis Emerging Markets Equity ETF by 7.0% in the 4th quarter. Atlas Brown Inc. now owns 3,857 shares of the company’s stock valued at $227,000 after buying an additional 254 shares in the last quarter. Apollon Financial LLC grew its holdings in Avantis Emerging Markets Equity ETF by 1.2% during the 3rd quarter. Apollon Financial LLC now owns 23,560 shares of the company’s stock valued at $1,522,000 after buying an additional 284 shares during the last quarter. Finally, PCG Wealth Advisors LLC increased its position in Avantis Emerging Markets Equity ETF by 2.4% during the fourth quarter. PCG Wealth Advisors LLC now owns 11,985 shares of the company’s stock worth $705,000 after buying an additional 285 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 2.1 %

NYSEARCA AVEM opened at $58.58 on Tuesday. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a fifty-two week low of $54.33 and a fifty-two week high of $66.31. The business has a fifty day moving average of $60.04 and a 200-day moving average of $61.31.

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.