Brown Financial Advisors Sells 442 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Brown Financial Advisors decreased its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 34,595 shares of the company’s stock after selling 442 shares during the quarter. Brown Financial Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $2,034,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James & Associates lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 123.1% in the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after purchasing an additional 105,243 shares in the last quarter. Greenspring Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 90.9% during the third quarter. Greenspring Advisors LLC now owns 6,512 shares of the company’s stock worth $421,000 after buying an additional 3,100 shares during the last quarter. Concord Wealth Partners lifted its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the third quarter. Concord Wealth Partners now owns 225,477 shares of the company’s stock valued at $14,566,000 after buying an additional 796 shares in the last quarter. Morton Brown Family Wealth LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 5.2% during the third quarter. Morton Brown Family Wealth LLC now owns 389,572 shares of the company’s stock valued at $25,166,000 after buying an additional 19,415 shares during the last quarter. Finally, Financial Futures Ltd Liability Co. increased its position in shares of Avantis Emerging Markets Equity ETF by 9.1% during the third quarter. Financial Futures Ltd Liability Co. now owns 90,203 shares of the company’s stock worth $5,827,000 after acquiring an additional 7,494 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $60.86 on Tuesday. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a fifty-two week low of $55.65 and a fifty-two week high of $66.31. The firm’s 50-day simple moving average is $59.52 and its 200 day simple moving average is $61.27.

Avantis Emerging Markets Equity ETF Company 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.