Total Wealth Planning LLC Cuts Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Total Wealth Planning LLC decreased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,569 shares of the company’s stock after selling 5,308 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 1.2% of Total Wealth Planning LLC’s investment portfolio, making the stock its 20th biggest holding. Total Wealth Planning LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,918,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Able Wealth Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $75,000. Chicago Partners Investment Group LLC lifted its position in Avantis Emerging Markets Equity ETF by 7.1% during the 4th quarter. Chicago Partners Investment Group LLC now owns 76,920 shares of the company’s stock worth $4,203,000 after acquiring an additional 5,092 shares during the period. Beaird Harris Wealth Management LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 4.7% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 651,987 shares of the company’s stock worth $36,766,000 after purchasing an additional 29,002 shares during the period. EP Wealth Advisors LLC boosted its position in Avantis Emerging Markets Equity ETF by 1.5% in the fourth quarter. EP Wealth Advisors LLC now owns 62,568 shares of the company’s stock valued at $3,528,000 after buying an additional 935 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its position in Avantis Emerging Markets Equity ETF by 12.3% during the 4th quarter. Tortoise Investment Management LLC now owns 71,086 shares of the company’s stock worth $4,009,000 after buying an additional 7,804 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock traded up $0.33 during trading on Friday, hitting $64.86. 820,738 shares of the company’s stock were exchanged, compared to its average volume of 376,062. The business has a 50-day simple moving average of $61.83 and a 200-day simple moving average of $60.83. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52-week low of $50.65 and a 52-week high of $66.31.

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.