Steward Partners Investment Advisory LLC Has $98,000 Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Steward Partners Investment Advisory LLC trimmed its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 19.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,667 shares of the company’s stock after selling 415 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $98,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its holdings in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares during the last quarter. Private Trust Co. NA increased its holdings in Avantis Emerging Markets Equity ETF by 29.4% during the fourth quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock worth $133,000 after buying an additional 515 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Avantis Emerging Markets Equity ETF during the third quarter worth $144,000. Kestra Investment Management LLC bought a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $159,000. Finally, MBE Wealth Management LLC bought a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth $204,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock opened at $62.39 on Tuesday. The company has a fifty day moving average price of $59.88 and a two-hundred day moving average price of $61.20. Avantis Emerging Markets Equity ETF has a one year low of $55.65 and a one year high of $66.31. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 12.48 and a beta of 0.79.

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.