WealthPLAN Partners LLC Has $7.15 Million Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

WealthPLAN Partners LLC reduced its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 121,627 shares of the company’s stock after selling 8,400 shares during the period. Avantis Emerging Markets Equity ETF accounts for 1.0% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 23rd biggest position. WealthPLAN Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,150,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVEM. Iron Horse Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $28,000. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $37,000. Brown Lisle Cummings Inc. acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $82,000. FMR LLC raised its stake in Avantis Emerging Markets Equity ETF by 223.6% during the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $144,000.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

Shares of NYSEARCA:AVEM opened at $61.16 on Friday. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month high of $66.31. The company has a market cap of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88. The company’s fifty day moving average is $59.62 and its two-hundred day moving average is $61.13.

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.