Allworth Financial LP Sells 2,827 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Allworth Financial LP lessened its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,770 shares of the company’s stock after selling 2,827 shares during the period. Allworth Financial LP’s holdings in Avantis Emerging Markets Equity ETF were worth $1,591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Raymond James & Associates lifted its position in Avantis Emerging Markets Equity ETF by 123.1% during the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after acquiring an additional 105,243 shares during the last quarter. Brown Lisle Cummings Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $82,000. Northwest Investment Counselors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $37,000. WJ Interests LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 4.1% during the 3rd quarter. WJ Interests LLC now owns 283,199 shares of the company’s stock worth $18,295,000 after purchasing an additional 11,221 shares during the last quarter. Finally, Trellis Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1.5% in the 3rd quarter. Trellis Wealth Advisors LLC now owns 77,432 shares of the company’s stock valued at $5,002,000 after purchasing an additional 1,153 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $61.64 on Wednesday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $55.65 and a fifty-two week high of $66.31. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The business’s fifty day moving average price is $59.57 and its two-hundred day moving average price is $61.15.

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.