JNBA Financial Advisors Cuts Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

by · The Cerbat Gem

JNBA Financial Advisors cut its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 32.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 99,235 shares of the company’s stock after selling 48,598 shares during the period. JNBA Financial Advisors owned 0.11% of Avantis Emerging Markets Equity ETF worth $6,411,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AVEM. Wealthstream Advisors Inc. boosted its position in Avantis Emerging Markets Equity ETF by 1.2% during the 2nd quarter. Wealthstream Advisors Inc. now owns 16,503 shares of the company’s stock valued at $1,008,000 after acquiring an additional 190 shares in the last quarter. Tillman Hartley LLC grew its stake in Avantis Emerging Markets Equity ETF by 1.4% in the second quarter. Tillman Hartley LLC now owns 13,811 shares of the company’s stock valued at $844,000 after purchasing an additional 190 shares during the last quarter. CVA Family Office LLC grew its stake in Avantis Emerging Markets Equity ETF by 59.7% in the second quarter. CVA Family Office LLC now owns 559 shares of the company’s stock valued at $34,000 after purchasing an additional 209 shares during the last quarter. PCG Wealth Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 2.3% in the second quarter. PCG Wealth Advisors LLC now owns 11,616 shares of the company’s stock worth $710,000 after purchasing an additional 257 shares in the last quarter. Finally, IMA Advisory Services Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 1.1% during the second quarter. IMA Advisory Services Inc. now owns 26,881 shares of the company’s stock valued at $1,642,000 after buying an additional 295 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM traded down $0.99 during trading on Wednesday, hitting $62.68. The stock had a trading volume of 65,726 shares, compared to its average volume of 381,374. The stock has a 50 day simple moving average of $62.88 and a two-hundred day simple moving average of $61.54. Avantis Emerging Markets Equity ETF has a twelve month low of $52.68 and a twelve month high of $66.31. The company has a market capitalization of $5.61 billion, a PE ratio of 9.91 and a beta of 0.88.

About Avantis Emerging Markets Equity ETF

(Free Report)

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.

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