Wealthgarden F.S. LLC Sells 17,409 Shares of Avantis Emerging Markets Equity ETF $AVEM

Wealthgarden F.S. LLC cut its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 49.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,472 shares of the company’s stock after selling 17,409 shares during the period. Avantis Emerging Markets Equity ETF makes up 1.0% of Wealthgarden F.S. LLC’s portfolio, making the stock its 29th largest holding. Wealthgarden F.S. LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,408,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Winch Advisory Services LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $26,000. Rothschild Investment LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 192.7% during the 4th quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the 4th quarter valued at $36,000. Team Financial Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after acquiring an additional 361 shares during the period. Finally, Hantz Financial Services Inc. boosted its holdings in 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 valued at $43,000 after acquiring an additional 183 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 1.6%

Shares of Avantis Emerging Markets Equity ETF stock opened at $92.43 on Wednesday. The stock’s fifty day moving average is $94.86 and its two-hundred day moving average is $87.58. Avantis Emerging Markets Equity ETF has a 52 week low of $68.27 and a 52 week high of $100.83. The company has a market capitalization of $25.59 billion, a PE ratio of 12.66 and a beta of 0.73.

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.