Apeiron RIA LLC Trims Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Apeiron RIA LLC cut its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 22.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,959 shares of the company’s stock after selling 12,477 shares during the quarter. Apeiron RIA LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $3,947,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Telos Capital Management Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 8.9% in the first quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock valued at $6,522,000 after buying an additional 6,605 shares in the last quarter. Integrity Investment Advisors LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 56.6% during the 4th quarter. Integrity Investment Advisors LLC now owns 27,507 shares of the company’s stock worth $2,119,000 after buying an additional 9,942 shares during the last quarter. Baird Financial Group Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 135.1% in the 2nd quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after acquiring an additional 83,919 shares during the period. Stonebrook Private Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at about $8,112,000. Finally, Summit Financial LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 7.8% during the fourth quarter. Summit Financial LLC now owns 192,458 shares of the company’s stock worth $14,823,000 after acquiring an additional 13,944 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 2.1%

NYSEARCA:AVEM traded down $1.99 during mid-day trading on Thursday, hitting $92.96. The stock had a trading volume of 696,819 shares, compared to its average volume of 1,908,165. Avantis Emerging Markets Equity ETF has a twelve month low of $72.94 and a twelve month high of $100.83. The company has a market capitalization of $28.07 billion, a PE ratio of 12.66 and a beta of 0.75. The stock has a 50-day simple moving average of $94.02 and a two-hundred day simple moving average of $92.03.

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