Beaird Harris Wealth Management LLC Sells 6,224 Shares of Avantis Emerging Markets Equity ETF $AVEM

Beaird Harris Wealth Management LLC decreased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 582,617 shares of the company’s stock after selling 6,224 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 3.1% of Beaird Harris Wealth Management LLC’s holdings, making the stock its 12th biggest position. Beaird Harris Wealth Management LLC owned 0.26% of Avantis Emerging Markets Equity ETF worth $44,873,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AVEM. Rothschild Investment LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 192.7% during the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock worth $34,000 after acquiring an additional 289 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at $36,000. Hantz Financial Services Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 183 shares during the period. Team Financial Group LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock valued at $43,000 after purchasing an additional 361 shares during the period. Finally, Motiv8 Investments LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at $47,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $99.71 on Friday. Avantis Emerging Markets Equity ETF has a 52-week low of $66.19 and a 52-week high of $100.00. The stock’s 50-day simple moving average is $92.67 and its 200 day simple moving average is $85.29. The stock has a market capitalization of $26.00 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.