Beverly Hills Private Wealth LLC Lowers Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Beverly Hills Private Wealth LLC lessened its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,978 shares of the company’s stock after selling 361 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $273,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Janney Montgomery Scott LLC purchased a new position in Avantis Emerging Markets Equity ETF during the first quarter worth about $1,410,000. Royal Bank of Canada grew its holdings in Avantis Emerging Markets Equity ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after buying an additional 20,996 shares during the period. Stone Summit Wealth LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after acquiring an additional 935 shares during the last quarter. Brown Advisory Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth about $426,000. Finally, XY Planning Network Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 89.7% during the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock worth $531,000 after acquiring an additional 3,663 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $76.14 on Wednesday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $77.14. The firm has a 50 day moving average price of $73.77 and a 200 day moving average price of $68.17. The company has a market cap of $13.84 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80.

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.