WR Wealth Planners LLC Reduces Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

WR Wealth Planners LLC lessened its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 19.1% during the 4th quarter, HoldingsChannel reports. The fund owned 2,361 shares of the company’s stock after selling 556 shares during the quarter. WR Wealth Planners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of AVEM. Strategic Financial Concepts LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after acquiring an additional 2,854,681 shares during the last quarter. Savant Capital LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 7.6% during the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after acquiring an additional 1,172,561 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after acquiring an additional 1,125,300 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 270.3% during the 3rd quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after acquiring an additional 687,056 shares during the last quarter. Finally, Merit Financial Group LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 486.2% during the 4th quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after acquiring an additional 591,800 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM stock opened at $59.26 on Friday. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a one year low of $55.65 and a one year high of $66.31. The company’s fifty day moving average price is $59.61 and its 200-day moving average price is $61.27.

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.