Dopkins Wealth Management LLC Reduces Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Dopkins Wealth Management LLC lessened its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 36.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,720 shares of the company’s stock after selling 26,932 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 2.5% of Dopkins Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Dopkins Wealth Management LLC owned approximately 0.05% of Avantis Emerging Markets Equity ETF worth $3,083,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Iron Horse Wealth Management LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $28,000. Gleason Group Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 2nd quarter valued at $33,000. CVA Family Office LLC lifted its holdings in shares of 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 last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $37,000. Finally, City State Bank purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $45,000.

Avantis Emerging Markets Equity ETF Trading Down 0.7 %

Shares of AVEM opened at $60.61 on Thursday. Avantis Emerging Markets Equity ETF has a 12 month low of $52.72 and a 12 month high of $66.31. The stock has a fifty day moving average price of $63.03 and a 200-day moving average price of $61.71. The firm has a market cap of $5.42 billion, a PE 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.