Northwest Wealth Management LLC Sells 5,453 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Northwest Wealth Management LLC trimmed its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,816 shares of the company’s stock after selling 5,453 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 1.8% of Northwest Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Northwest Wealth Management LLC owned about 0.16% of Avantis Emerging Markets Equity ETF worth $8,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in AVEM. Atria Investments Inc raised its position in shares of Avantis Emerging Markets Equity ETF by 4.0% during the third quarter. Atria Investments Inc now owns 34,035 shares of the company’s stock worth $2,199,000 after acquiring an additional 1,296 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 9.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 8,750 shares of the company’s stock worth $565,000 after acquiring an additional 722 shares during the last quarter. Aptus Capital Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $449,000. Peak Asset Management LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 2.0% during the third quarter. Peak Asset Management LLC now owns 53,952 shares of the company’s stock worth $3,485,000 after acquiring an additional 1,061 shares during the last quarter. Finally, Diversified Portfolios Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 16.5% during the third quarter. Diversified Portfolios Inc. now owns 316,120 shares of the company’s stock worth $20,421,000 after acquiring an additional 44,748 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $60.24 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $55.65 and a 1 year high of $66.31. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78. The business has a 50-day moving average of $59.78 and a 200-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.