WorthPointe LLC Sells 6,788 Shares of Avantis Emerging Markets Equity ETF $AVEM

WorthPointe LLC lessened its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 56,602 shares of the company’s stock after selling 6,788 shares during the period. Avantis Emerging Markets Equity ETF accounts for 1.6% of WorthPointe LLC’s holdings, making the stock its 10th biggest holding. WorthPointe LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,879,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 2,366.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after buying an additional 355 shares in the last quarter. POM Investment Strategies LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter valued at $26,000. AdvisorNet Financial Inc lifted its position in shares of Avantis Emerging Markets Equity ETF by 213.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after acquiring an additional 335 shares during the period. South Plains Financial Inc. bought a new position in Avantis Emerging Markets Equity ETF during the first quarter worth $41,000. Finally, Clarity Asset Management Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after acquiring an additional 180 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $78.19 on Tuesday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $78.76. The stock has a market capitalization of $14.49 billion, a PE ratio of 12.66 and a beta of 0.68. The company’s 50-day moving average is $74.89 and its 200-day moving average is $69.69.

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.