Apeiron RIA LLC Cuts Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Apeiron RIA LLC cut its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 22.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,959 shares of the company’s stock after selling 12,477 shares during the quarter. Apeiron RIA LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,947,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Winch Advisory Services LLC bought a new position in Avantis Emerging Markets Equity ETF during the 1st quarter valued at approximately $26,000. JFS Wealth Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 67.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after buying an additional 111 shares during the last quarter. Glenmede Trust Co. NA bought a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at about $31,000. Investors Research Corp purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter worth approximately $39,000. Finally, First Community Trust NA grew its position in shares of Avantis Emerging Markets Equity ETF by 136.9% during the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock valued at $43,000 after acquiring an additional 256 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 2.1%

AVEM traded down $1.99 during midday trading on Thursday, reaching $92.96. The company had a trading volume of 696,819 shares, compared to its average volume of 1,908,165. The business has a 50-day moving average of $94.02 and a two-hundred day moving average of $92.03. The company has a market cap of $28.07 billion, a P/E ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a 1 year low of $72.94 and a 1 year high of $100.83.

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.