Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is Capasso Planning Partners LLC’s 7th Largest Position

Capasso Planning Partners LLC cut its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,995 shares of the company’s stock after selling 6,830 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 2.4% of Capasso Planning Partners LLC’s investment portfolio, making the stock its 7th biggest position. Capasso Planning Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,996,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. FMR LLC boosted its stake in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the period. Private Trust Co. NA raised its holdings in shares of Avantis Emerging Markets Equity ETF by 29.4% in the 4th quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock valued at $133,000 after acquiring an additional 515 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $144,000. Kestra Investment Management LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $159,000. Finally, MBE Wealth Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter worth approximately $204,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $60.09 on Wednesday. The firm has a 50 day simple moving average of $59.71 and a two-hundred day simple moving average of $61.21. The stock has a market cap of $7.53 billion, a PE ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a one year low of $55.65 and a one year high of $66.31.

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.