RFG Advisory LLC Reduces Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

RFG Advisory LLC lowered its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 42.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 16,835 shares of the company’s stock after selling 12,271 shares during the quarter. RFG Advisory LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,624,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. JFS Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 67.3% during the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares during the period. IFP Advisors Inc raised its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after acquiring an additional 120 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 11.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,356 shares of the company’s stock worth $104,000 after acquiring an additional 140 shares during the last quarter. Pathstone Holdings LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock worth $1,661,000 after acquiring an additional 144 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 1.3%

Shares of NYSEARCA:AVEM opened at $95.35 on Friday. The company has a market capitalization of $27.14 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 12 month low of $72.94 and a 12 month high of $100.83. The firm’s 50-day moving average is $92.74 and its 200 day moving average is $90.66.

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.