Avantax Advisory Services Inc. Reduces Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Avantax Advisory Services Inc. lowered its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,577 shares of the company’s stock after selling 20,755 shares during the period. Avantax Advisory Services Inc. owned approximately 0.12% of Avantis Emerging Markets Equity ETF worth $6,266,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of AVEM. Atria Investments Inc boosted its position in Avantis Emerging Markets Equity ETF by 4.0% in the third quarter. Atria Investments Inc now owns 34,035 shares of the company’s stock valued at $2,199,000 after buying an additional 1,296 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its position in Avantis Emerging Markets Equity ETF by 9.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 8,750 shares of the company’s stock valued at $565,000 after buying an additional 722 shares during the last quarter. Aptus Capital Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $449,000. Peak Asset Management LLC boosted its position in Avantis Emerging Markets Equity ETF by 2.0% in the third quarter. Peak Asset Management LLC now owns 53,952 shares of the company’s stock valued at $3,485,000 after buying an additional 1,061 shares during the last quarter. Finally, Diversified Portfolios Inc. boosted its position in Avantis Emerging Markets Equity ETF by 16.5% in the third quarter. Diversified Portfolios Inc. now owns 316,120 shares of the company’s stock valued at $20,421,000 after buying an additional 44,748 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.4 %

Shares of NYSEARCA:AVEM opened at $60.24 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31. The company has a market capitalization of $7.55 billion, a PE ratio of 11.90 and a beta of 0.78. The business has a 50 day moving average of $59.78 and a two-hundred day moving average of $61.20.

Avantis Emerging Markets Equity ETF Company 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.