WMG Financial Advisors LLC Sells 6,731 Shares of Avantis Emerging Markets Equity ETF $AVEM

WMG Financial Advisors LLC lowered its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 102,734 shares of the company’s stock after selling 6,731 shares during the period. Avantis Emerging Markets Equity ETF comprises about 3.5% of WMG Financial Advisors LLC’s portfolio, making the stock its 7th biggest position. WMG Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $8,278,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Asempa Wealth Advisors acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $939,000. Breakwater Capital Group lifted its stake in shares of Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares in the last quarter. Greenwood Capital Associates LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock valued at $3,870,000 after buying an additional 9,895 shares during the last quarter. ACT Advisors LLC. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock valued at $23,684,000 after buying an additional 10,245 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc increased its position in shares of Avantis Emerging Markets Equity ETF by 16.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 233,841 shares of the company’s stock worth $18,010,000 after acquiring an additional 32,228 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $95.10 on Tuesday. Avantis Emerging Markets Equity ETF has a one year low of $68.03 and a one year high of $100.83. The company has a market cap of $24.80 billion, a PE ratio of 12.66 and a beta of 0.73. The firm has a 50-day moving average of $94.00 and a 200-day moving average of $86.25.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.