Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc cut its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 623,375 shares of the company’s stock after selling 16,223 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 3.0% of Fragasso Financial Advisors Inc’s investment portfolio, making the stock its 10th biggest position. Fragasso Financial Advisors Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $47,445,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Modera Wealth Management LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 0.7% in the second quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock valued at $12,411,000 after purchasing an additional 1,234 shares in the last quarter. Royal Bank of Canada grew its holdings in Avantis Emerging Markets Equity ETF by 7.8% in the 1st quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after buying an additional 20,996 shares in the last quarter. Stone Summit Wealth LLC grew its holdings in Avantis Emerging Markets Equity ETF by 2.8% in the 2nd quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after buying an additional 935 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 27.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock worth $2,044,000 after acquiring an additional 6,387 shares during the last quarter. Finally, XY Planning Network Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 89.7% during the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock worth $531,000 after acquiring an additional 3,663 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 2.2%

Shares of AVEM opened at $74.80 on Wednesday. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $78.76. The firm has a market capitalization of $13.88 billion, a P/E ratio of 12.66 and a beta of 0.68. The firm has a 50-day moving average price of $76.64 and a 200 day moving average price of $72.78.

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.