Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Flagstone Financial Management

Flagstone Financial Management lowered its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 96,273 shares of the company’s stock after selling 6,644 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.9% of Flagstone Financial Management’s holdings, making the stock its 12th biggest position. Flagstone Financial Management owned approximately 0.05% of Avantis Emerging Markets Equity ETF worth $7,231,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. CFS Investment Advisory Services LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter valued at $3,713,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 20.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 8,945 shares of the company’s stock worth $672,000 after buying an additional 1,506 shares during the last quarter. James Investment Research Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 17.1% in the third quarter. James Investment Research Inc. now owns 7,656 shares of the company’s stock worth $575,000 after buying an additional 1,120 shares during the last quarter. REDW Wealth LLC grew its holdings in Avantis Emerging Markets Equity ETF by 26.6% during the third quarter. REDW Wealth LLC now owns 60,144 shares of the company’s stock worth $4,517,000 after acquiring an additional 12,639 shares during the period. Finally, Avantax Planning Partners Inc. raised its position in Avantis Emerging Markets Equity ETF by 92.9% during the third quarter. Avantax Planning Partners Inc. now owns 1,050,626 shares of the company’s stock valued at $78,913,000 after acquiring an additional 505,850 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.3%

Shares of NYSEARCA:AVEM opened at $83.10 on Tuesday. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $83.44. The business has a 50 day moving average of $77.94 and a two-hundred day moving average of $75.11. The company has a market capitalization of $18.19 billion, a PE ratio of 12.66 and a beta of 0.68.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.