Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stock Holdings Reduced by Echo Wealth Management LLC

Echo Wealth Management LLC decreased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 89,324 shares of the company’s stock after selling 1,974 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 4.0% of Echo Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Echo Wealth Management LLC owned 0.10% of Avantis Emerging Markets Equity ETF worth $5,740,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in AVEM. Gleason Group Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $33,000. CVA Family Office LLC grew its holdings in Avantis Emerging Markets Equity ETF by 59.7% during the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after buying an additional 209 shares during the last quarter. City State Bank purchased a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $45,000. Bessemer Group Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter worth $69,000. Finally, Brown Lisle Cummings Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth $82,000.

Avantis Emerging Markets Equity ETF Stock Up 0.8 %

AVEM opened at $64.37 on Monday. The firm has a market cap of $5.76 billion, a P/E ratio of 9.91 and a beta of 0.88. The business’s fifty day simple moving average is $62.40 and its 200 day simple moving average is $61.08. Avantis Emerging Markets Equity ETF has a 52 week low of $50.65 and a 52 week high of $66.31.

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.