Truepoint Inc. Has $25.10 Million Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Truepoint Inc. cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 388,608 shares of the company’s stock after selling 6,273 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 0.7% of Truepoint Inc.’s holdings, making the stock its 22nd largest position. Truepoint Inc. owned about 0.43% of Avantis Emerging Markets Equity ETF worth $25,104,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Savant Capital LLC lifted its stake in Avantis Emerging Markets Equity ETF by 7.5% in the second quarter. Savant Capital LLC now owns 14,181,306 shares of the company’s stock valued at $866,336,000 after acquiring an additional 992,460 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Avantis Emerging Markets Equity ETF by 10.9% in the second quarter. Envestnet Asset Management Inc. now owns 8,162,990 shares of the company’s stock valued at $498,677,000 after purchasing an additional 803,346 shares during the period. Annex Advisory Services LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 13.8% in the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after purchasing an additional 307,011 shares during the period. Haverford Trust Co raised its position in shares of Avantis Emerging Markets Equity ETF by 0.6% in the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after purchasing an additional 13,301 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 7,528.9% in the second quarter. Strategic Financial Concepts LLC now owns 2,157,235 shares of the company’s stock valued at $131,785,000 after purchasing an additional 2,128,958 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 0.1 %

NYSEARCA:AVEM opened at $60.98 on Friday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.72 and a 12 month high of $66.31. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The company’s 50 day moving average is $63.14 and its 200-day moving average is $61.77.

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.