TFB Advisors LLC Decreases Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

TFB Advisors LLC lowered its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,312 shares of the company’s stock after selling 212 shares during the period. TFB Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,606,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Iron Horse Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $28,000. Northwest Investment Counselors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $37,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $82,000. FMR LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $144,000.

Avantis Emerging Markets Equity ETF Stock Down 0.3 %

Shares of NYSEARCA:AVEM opened at $60.22 on Wednesday. Avantis Emerging Markets Equity ETF has a 52-week low of $55.00 and a 52-week high of $66.31. The stock has a market cap of $5.39 billion, a P/E ratio of 9.91 and a beta of 0.88. The business’s 50 day moving average is $59.69 and its 200 day moving average is $61.14.

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.