JNBA Financial Advisors Cuts Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

JNBA Financial Advisors lowered its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 87,969 shares of the company’s stock after selling 11,266 shares during the quarter. JNBA Financial Advisors owned 0.10% of Avantis Emerging Markets Equity ETF worth $5,172,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. FMR LLC lifted its stake in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after purchasing an additional 1,393 shares during the last quarter. Raymond James & Associates lifted its position in Avantis Emerging Markets Equity ETF by 123.1% in 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 during the last quarter. Natixis Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 12.6% in the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock worth $1,217,000 after buying an additional 2,107 shares in the last quarter. Silvia Mccoll Wealth Management LLC grew its position in Avantis Emerging Markets Equity ETF by 7.7% during the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock valued at $1,427,000 after acquiring an additional 1,740 shares during the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth approximately $3,872,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $61.16 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week high of $66.31. The company has a fifty day moving average of $59.60 and a 200-day moving average of $61.14. The stock has a market capitalization of $5.47 billion, a price-to-earnings 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.