Larson Financial Group LLC Trims Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Larson Financial Group LLC reduced its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 204,163 shares of the company’s stock after selling 27,205 shares during the period. Larson Financial Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $15,725,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVEM. AQR Capital Management LLC raised its holdings in Avantis Emerging Markets Equity ETF by 13.2% in the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after buying an additional 2,596 shares during the period. M&T Bank Corp purchased a new stake in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $287,000. Diversify Advisory Services LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 2nd quarter valued at about $478,000. Diversify Wealth Management LLC raised its holdings in Avantis Emerging Markets Equity ETF by 20.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock valued at $946,000 after buying an additional 2,244 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in Avantis Emerging Markets Equity ETF by 74.1% in the 2nd quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after buying an additional 6,271 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.4%

Shares of AVEM opened at $91.47 on Tuesday. The firm has a market cap of $23.86 billion, a P/E ratio of 12.66 and a beta of 0.72. Avantis Emerging Markets Equity ETF has a 12-month low of $63.91 and a 12-month high of $96.07. The company’s 50-day moving average price is $86.06 and its 200 day moving average price is $82.28.

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