Avantis Emerging Markets Equity ETF $AVEM is Henrickson Nauta Wealth Advisors Inc.’s 10th Largest Position

Henrickson Nauta Wealth Advisors Inc. lessened its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 48.7% during the first quarter, HoldingsChannel.com reports. The fund owned 132,225 shares of the company’s stock after selling 125,332 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 3.0% of Henrickson Nauta Wealth Advisors Inc.’s holdings, making the stock its 10th largest holding. Henrickson Nauta Wealth Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $10,655,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of AVEM. Bank of America Corp DE grew its position in shares of Avantis Emerging Markets Equity ETF by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 18,412,368 shares of the company’s stock valued at $1,382,953,000 after purchasing an additional 867,710 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in Avantis Emerging Markets Equity ETF by 4.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 9,627,411 shares of the company’s stock worth $741,503,000 after buying an additional 418,018 shares in the last quarter. Align Financial LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $528,227,000. Wells Fargo & Company MN increased its stake in Avantis Emerging Markets Equity ETF by 17.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,675,729 shares of the company’s stock worth $437,145,000 after acquiring an additional 837,069 shares during the last quarter. Finally, Morgan Stanley increased its stake in Avantis Emerging Markets Equity ETF by 12.6% in the 4th quarter. Morgan Stanley now owns 5,659,671 shares of the company’s stock worth $435,908,000 after acquiring an additional 631,367 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA:AVEM opened at $99.71 on Monday. The stock has a market cap of $26.00 billion, a P/E ratio of 12.66 and a beta of 0.73. The business’s 50-day moving average price is $92.95 and its two-hundred day moving average price is $85.45. Avantis Emerging Markets Equity ETF has a twelve month low of $66.19 and a twelve month high of $100.00.

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