EP Wealth Advisors LLC Lowers Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

EP Wealth Advisors LLC lessened its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,144 shares of the company’s stock after selling 5,553 shares during the period. EP Wealth Advisors LLC owned 0.06% of Avantis Emerging Markets Equity ETF worth $3,491,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Gleason Group Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $33,000. CVA Family Office LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 59.7% in the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $69,000. Able Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $75,000. Finally, O Shaughnessy Asset Management LLC bought a new position in Avantis Emerging Markets Equity ETF in the first quarter worth approximately $78,000.

Avantis Emerging Markets Equity ETF Stock Down 1.4 %

Avantis Emerging Markets Equity ETF stock opened at $64.60 on Tuesday. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $65.93. The business has a fifty day moving average of $60.92 and a two-hundred day moving average of $60.40. The firm has a market cap of $5.78 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.