Wealthgarden F.S. LLC Sells 17,409 Shares of Avantis Emerging Markets Equity ETF $AVEM

Wealthgarden F.S. LLC cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 49.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,472 shares of the company’s stock after selling 17,409 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 1.0% of Wealthgarden F.S. LLC’s investment portfolio, making the stock its 29th largest position. Wealthgarden F.S. LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,408,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the 4th quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after buying an additional 120 shares in the last quarter. Investmark Advisory Group LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 1.8% during the 4th quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after buying an additional 121 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after acquiring an additional 130 shares during the last quarter. Hardin Capital Partners LLC grew its position in Avantis Emerging Markets Equity ETF by 1.0% in the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after acquiring an additional 135 shares in the last quarter. Finally, BLVD Private Wealth LLC grew its position in Avantis Emerging Markets Equity ETF by 0.6% in the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after acquiring an additional 140 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $92.43 on Wednesday. The business’s 50 day moving average is $94.86 and its two-hundred day moving average is $87.58. Avantis Emerging Markets Equity ETF has a 1-year low of $68.27 and a 1-year high of $100.83. The stock has a market capitalization of $25.59 billion, a P/E ratio of 12.66 and a beta of 0.73.

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.