Cherry Tree Wealth Management LLC Reduces Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Cherry Tree Wealth Management LLC reduced its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,932 shares of the company’s stock after selling 646 shares during the period. Cherry Tree Wealth Management LLC owned 0.07% of Avantis Emerging Markets Equity ETF worth $3,935,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Savant Capital LLC increased its stake in Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares during the last quarter. Haverford Trust Co increased its stake in Avantis Emerging Markets Equity ETF by 0.6% in the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after purchasing an additional 13,301 shares during the last quarter. Cerity Partners LLC increased its stake in Avantis Emerging Markets Equity ETF by 31.1% in the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after purchasing an additional 506,778 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 0.3% during the third quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock worth $113,638,000 after acquiring an additional 4,738 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.6 %

Shares of AVEM opened at $61.58 on Monday. The firm has a market cap of $5.51 billion, a PE ratio of 9.91 and a beta of 0.88. The company’s 50 day simple moving average is $59.54 and its 200-day simple moving average is $61.26. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31.

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.