Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. reduced its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 521,207 shares of the company’s stock after selling 12,037 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 2.2% of Foster & Motley Inc.’s portfolio, making the stock its 8th biggest position. Foster & Motley Inc. owned about 0.20% of Avantis Emerging Markets Equity ETF worth $41,999,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Rothschild Investment LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 192.7% in the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after acquiring an additional 289 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $36,000. Team Financial Group LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the period. Finally, Motiv8 Investments LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock opened at $95.62 on Friday. The company has a market capitalization of $24.94 billion, a PE ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a fifty-two week low of $68.00 and a fifty-two week high of $100.83. The firm has a 50 day moving average price of $93.73 and a 200 day moving average price of $86.00.

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.