ERn Financial LLC Has $8.93 Million Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

ERn Financial LLC lessened its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,924 shares of the company’s stock after selling 1,399 shares during the period. Avantis Emerging Markets Equity ETF comprises 1.7% of ERn Financial LLC’s investment portfolio, making the stock its 14th biggest holding. ERn Financial LLC owned 0.25% of Avantis Emerging Markets Equity ETF worth $8,934,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tandem Wealth Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth about $25,000. Steward Partners Investment Advisory LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $29,000. NewEdge Advisors LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the 1st quarter valued at about $29,000. Harbour Investments Inc. increased its stake in Avantis Emerging Markets Equity ETF by 2,404.3% in the 4th quarter. Harbour Investments Inc. now owns 576 shares of the company’s stock valued at $29,000 after buying an additional 553 shares during the last quarter. Finally, Westside Investment Management Inc. increased its stake in Avantis Emerging Markets Equity ETF by 740.0% in the 4th quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock valued at $47,000 after buying an additional 740 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA:AVEM traded up $0.14 on Friday, hitting $57.96. The stock had a trading volume of 260,628 shares, compared to its average volume of 361,635. The stock has a market cap of $3.92 billion, a P/E ratio of 7.73 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1 year low of $50.65 and a 1 year high of $58.56. The firm’s fifty day simple moving average is $56.59 and its two-hundred day simple moving average is $54.86.

Avantis Emerging Markets Equity ETF Company 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.