Commonwealth Equity Services LLC Has $62.10 Million Stake in Avantis Emerging Markets Equity ETF $AVEM

Commonwealth Equity Services LLC reduced its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 826,781 shares of the company’s stock after selling 25,627 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.45% of Avantis Emerging Markets Equity ETF worth $62,100,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Fortress Financial Solutions LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 2.6% during the 3rd quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock worth $386,000 after acquiring an additional 131 shares during the period. Atlas Brown Inc. raised its position in Avantis Emerging Markets Equity ETF by 4.2% in the second quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock worth $276,000 after purchasing an additional 164 shares in the last quarter. Austin Asset Management Co Inc lifted its stake in Avantis Emerging Markets Equity ETF by 3.1% during the second quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock worth $458,000 after purchasing an additional 199 shares during the period. L.K. Benson & Company P.C. lifted its stake in Avantis Emerging Markets Equity ETF by 1.0% during the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock worth $1,478,000 after purchasing an additional 207 shares during the period. Finally, Freedom Investment Management Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2.9% during the second quarter. Freedom Investment Management Inc. now owns 7,595 shares of the company’s stock valued at $521,000 after purchasing an additional 216 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.9%

Shares of AVEM opened at $80.17 on Wednesday. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $80.38. The stock has a 50 day simple moving average of $76.91 and a 200-day simple moving average of $73.86. The stock has a market cap of $16.60 billion, a PE ratio of 12.66 and a beta of 0.68.

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.