Total Wealth Planning LLC Trims Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Total Wealth Planning LLC lowered its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,270 shares of the company’s stock after selling 4,934 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 1.5% of Total Wealth Planning LLC’s holdings, making the stock its 19th biggest position. Total Wealth Planning LLC owned 0.21% of Avantis Emerging Markets Equity ETF worth $8,023,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of AVEM. Tandem Wealth Advisors LLC purchased a new position in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $25,000. Westside Investment Management Inc. lifted its position in Avantis Emerging Markets Equity ETF by 740.0% during the fourth quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock valued at $47,000 after purchasing an additional 740 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Avantis Emerging Markets Equity ETF by 75.3% during the third quarter. PNC Financial Services Group Inc. now owns 2,980 shares of the company’s stock valued at $157,000 after purchasing an additional 1,280 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its position in Avantis Emerging Markets Equity ETF by 6,247.9% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 3,047 shares of the company’s stock valued at $172,000 after purchasing an additional 2,999 shares during the last quarter. Finally, Lauterbach Financial Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 6.7% during the third quarter. Lauterbach Financial Advisors LLC now owns 4,383 shares of the company’s stock valued at $231,000 after purchasing an additional 275 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Avantis Emerging Markets Equity ETF stock traded up $0.60 during mid-day trading on Friday, hitting $58.70. 156,562 shares of the company traded hands, compared to its average volume of 347,282. Avantis Emerging Markets Equity ETF has a one year low of $50.65 and a one year high of $59.40. The stock has a market cap of $5.18 billion, a price-to-earnings ratio of 9.46 and a beta of 0.80. The stock has a fifty day moving average price of $57.70 and a 200-day moving average price of $55.57.

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.