JNBA Financial Advisors Has $4.71 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

JNBA Financial Advisors lowered its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,721 shares of the company’s stock after selling 4,677 shares during the quarter. JNBA Financial Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $4,710,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of AVEM. Fifth Third Bancorp lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 13.3% during the first quarter. Fifth Third Bancorp now owns 456,267 shares of the company’s stock worth $27,454,000 after buying an additional 53,727 shares in the last quarter. CVA Family Office LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 32.7% in the first quarter. CVA Family Office LLC now owns 848 shares of the company’s stock worth $51,000 after purchasing an additional 209 shares during the period. HMV Wealth Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the first quarter worth $653,000. IAG Wealth Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 2.9% in the first quarter. IAG Wealth Partners LLC now owns 73,834 shares of the company’s stock worth $4,443,000 after purchasing an additional 2,112 shares during the period. Finally, Armbruster Capital Management Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 20.2% in the first quarter. Armbruster Capital Management Inc. now owns 46,740 shares of the company’s stock worth $2,812,000 after purchasing an additional 7,850 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $73.09 on Friday. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $76.72. The stock has a market capitalization of $13.24 billion, a P/E ratio of 12.66 and a beta of 0.80. The stock’s fifty day moving average is $72.98 and its 200 day moving average is $67.35.

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.