JNBA Financial Advisors Sells 4,677 Shares of Avantis Emerging Markets Equity ETF $AVEM

JNBA Financial Advisors cut its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,721 shares of the company’s stock after selling 4,677 shares during the quarter. JNBA Financial Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $4,710,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AVEM. Maseco LLP acquired a new stake in Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $74,121,000. HB Wealth Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 5,090.0% during the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after purchasing an additional 1,067,724 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Avantis Emerging Markets Equity ETF by 61.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after purchasing an additional 540,962 shares during the last quarter. Financial Counselors Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 368.1% during the 1st quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after purchasing an additional 514,673 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 123.3% during the 1st quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after purchasing an additional 423,990 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $73.09 on Friday. The business has a fifty day simple moving average of $72.98 and a two-hundred day simple moving average of $67.35. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $76.72. The company has a market capitalization of $13.24 billion, a price-to-earnings ratio of 12.66 and a beta of 0.80.

About Avantis Emerging Markets Equity ETF

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.