Waypoint Wealth Partners Inc. Reduces Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Waypoint Wealth Partners Inc. cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 440,144 shares of the company’s stock after selling 7,480 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 7.1% of Waypoint Wealth Partners Inc.’s portfolio, making the stock its 4th biggest holding. Waypoint Wealth Partners Inc. owned 0.49% of Avantis Emerging Markets Equity ETF worth $25,876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Global Retirement Partners LLC increased its stake in Avantis Emerging Markets Equity ETF by 124.2% during the third quarter. Global Retirement Partners LLC now owns 11,972 shares of the company’s stock valued at $773,000 after acquiring an additional 6,632 shares during the period. Raymond James & Associates lifted its holdings in Avantis Emerging Markets Equity ETF by 123.1% during the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after buying an additional 105,243 shares in the last quarter. Lam Group Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 47.8% during the 3rd quarter. Lam Group Inc. now owns 20,425 shares of the company’s stock worth $1,319,000 after buying an additional 6,605 shares in the last quarter. Werba Rubin Papier Wealth Management lifted its holdings in Avantis Emerging Markets Equity ETF by 7.6% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 159,468 shares of the company’s stock worth $10,302,000 after buying an additional 11,217 shares in the last quarter. Finally, Hardin Capital Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 31.7% during the 3rd quarter. Hardin Capital Partners LLC now owns 9,222 shares of the company’s stock worth $596,000 after buying an additional 2,218 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

AVEM stock opened at $61.16 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The business’s fifty day moving average is $59.60 and its 200-day moving average is $61.14. The company has a market cap of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.