Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Tarbox Family Office Inc.

Tarbox Family Office Inc. trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 506,746 shares of the company’s stock after selling 10,104 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 7.0% of Tarbox Family Office Inc.’s investment portfolio, making the stock its 4th biggest position. Tarbox Family Office Inc. owned approximately 0.18% of Avantis Emerging Markets Equity ETF worth $48,896,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AVEM. Blue Edge Capital LLC grew its stake in Avantis Emerging Markets Equity ETF by 24.4% during the 2nd quarter. Blue Edge Capital LLC now owns 178,396 shares of the company’s stock valued at $17,213,000 after purchasing an additional 35,015 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at approximately $1,916,000. Cahill Financial Advisors Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 4.3% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 157,737 shares of the company’s stock valued at $15,220,000 after purchasing an additional 6,475 shares in the last quarter. Capital Analysts LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 8.4% during the 2nd quarter. Capital Analysts LLC now owns 205,091 shares of the company’s stock valued at $19,789,000 after buying an additional 15,821 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 249.7% during the 2nd quarter. NewEdge Advisors LLC now owns 871,190 shares of the company’s stock valued at $84,061,000 after buying an additional 622,072 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.2%

AVEM stock opened at $96.04 on Thursday. The firm has a 50 day simple moving average of $92.65 and a 200-day simple moving average of $90.58. The company has a market capitalization of $27.33 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a twelve month low of $72.94 and a twelve month high of $100.83.

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.