Avantis Emerging Markets Equity ETF $AVEM Stock Holdings Lowered by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lessened its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 48.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,946 shares of the company’s stock after selling 5,650 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $559,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of AVEM. Allodium Investment Consultants LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 15.1% in the 3rd quarter. Allodium Investment Consultants LLC now owns 18,158 shares of the company’s stock worth $1,707,000 after buying an additional 2,387 shares in the last quarter. Fortress Financial Solutions LLC purchased a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $1,019,000. ABLE Financial Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 49.8% in the third quarter. ABLE Financial Group LLC now owns 238,246 shares of the company’s stock valued at $22,400,000 after purchasing an additional 79,194 shares during the last quarter. First Citizens Bank & Trust Co. acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $224,000. Finally, JM2 Capital Inc. grew its stake in Avantis Emerging Markets Equity ETF by 7.7% during the 3rd quarter. JM2 Capital Inc. now owns 2,859 shares of the company’s stock valued at $269,000 after purchasing an additional 204 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.9%

AVEM stock traded down $1.80 during midday trading on Wednesday, hitting $91.02. 1,721,068 shares of the company’s stock were exchanged, compared to its average volume of 1,912,484. Avantis Emerging Markets Equity ETF has a 12-month low of $73.79 and a 12-month high of $100.83. The firm has a 50 day moving average price of $94.23 and a 200-day moving average price of $92.47. The stock has a market capitalization of $27.52 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75.

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.