Brown Brothers Harriman & Co. Has $26,000 Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Brown Brothers Harriman & Co. lessened its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 64.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 410 shares of the company’s stock after selling 745 shares during the period. Brown Brothers Harriman & Co.’s holdings in Avantis Emerging Markets Equity ETF were worth $26,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Iron Horse Wealth Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $28,000. Gleason Group Inc. bought a new position in Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $33,000. CVA Family Office LLC boosted its stake in Avantis Emerging Markets Equity ETF by 59.7% in the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after acquiring an additional 209 shares during the last quarter. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth $37,000. Finally, City State Bank bought a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at about $45,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM opened at $60.91 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.72 and a twelve month high of $66.31. The firm has a market cap of $5.45 billion, a PE ratio of 9.91 and a beta of 0.88. The firm’s fifty day moving average is $63.13 and its two-hundred day moving average is $61.78.

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.