MBE Wealth Management LLC Sells 233 Shares of Avantis Emerging Markets Equity ETF $AVEM

MBE Wealth Management LLC decreased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.1% during the 2nd quarter, Holdings Channel reports. The firm owned 3,560 shares of the company’s stock after selling 233 shares during the period. MBE Wealth Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $244,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 0.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 15,030,769 shares of the company’s stock worth $904,401,000 after purchasing an additional 115,249 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Avantis Emerging Markets Equity ETF by 15.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,391,347 shares of the company’s stock worth $143,887,000 after purchasing an additional 319,437 shares during the last quarter. Cerity Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 4.6% during the 1st quarter. Cerity Partners LLC now owns 2,295,240 shares of the company’s stock worth $138,105,000 after purchasing an additional 100,298 shares during the last quarter. American Century Companies Inc. increased its position in Avantis Emerging Markets Equity ETF by 8.6% during the first quarter. American Century Companies Inc. now owns 1,930,233 shares of the company’s stock worth $116,142,000 after buying an additional 152,942 shares during the last quarter. Finally, LPL Financial LLC increased its position in Avantis Emerging Markets Equity ETF by 10.0% during the first quarter. LPL Financial LLC now owns 1,471,607 shares of the company’s stock worth $88,547,000 after buying an additional 133,886 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.6%

Shares of NYSEARCA AVEM opened at $74.27 on Friday. The business’s 50 day moving average price is $71.79 and its two-hundred day moving average price is $66.29. The company has a market cap of $12.17 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $75.91.

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.