Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Beaird Harris Wealth Management LLC

Beaird Harris Wealth Management LLC cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 543,628 shares of the company’s stock after selling 145,240 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 3.1% of Beaird Harris Wealth Management LLC’s holdings, making the stock its 14th biggest position. Beaird Harris Wealth Management LLC owned 0.61% of Avantis Emerging Markets Equity ETF worth $33,210,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AVEM. Gleason Group Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $33,000. CVA Family Office LLC boosted its position in Avantis Emerging Markets Equity ETF by 59.7% during the 2nd 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 period. Bessemer Group Inc. bought a new position in Avantis Emerging Markets Equity ETF during the 1st quarter worth $69,000. Able Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the fourth quarter worth $75,000. Finally, O Shaughnessy Asset Management LLC bought a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at $78,000.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $65.50 on Friday. Avantis Emerging Markets Equity ETF has a 1 year low of $50.65 and a 1 year high of $65.93. The firm has a fifty day moving average of $60.85 and a 200-day moving average of $60.33. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.