Northwest Wealth Management LLC Sells 9,406 Shares of Avantis Emerging Markets Equity ETF $AVEM

Northwest Wealth Management LLC decreased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,744 shares of the company’s stock after selling 9,406 shares during the period. Avantis Emerging Markets Equity ETF makes up approximately 1.6% of Northwest Wealth Management LLC’s holdings, making the stock its 15th biggest position. Northwest Wealth Management LLC owned 0.06% of Avantis Emerging Markets Equity ETF worth $10,455,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in Avantis Emerging Markets Equity ETF by 1,271.2% in the second quarter. Bank of America Corp DE now owns 17,544,658 shares of the company’s stock worth $1,202,511,000 after buying an additional 16,265,184 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $170,265,000. JPMorgan Chase & Co. increased its position in shares of Avantis Emerging Markets Equity ETF by 350.8% during the third quarter. JPMorgan Chase & Co. now owns 1,404,304 shares of the company’s stock valued at $105,477,000 after acquiring an additional 1,092,814 shares in the last quarter. BOKF NA increased its position in shares of Avantis Emerging Markets Equity ETF by 9,498.3% during the third quarter. BOKF NA now owns 861,253 shares of the company’s stock valued at $64,689,000 after acquiring an additional 852,280 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 47.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,263,134 shares of the company’s stock worth $169,989,000 after acquiring an additional 724,811 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $78.60 on Monday. The firm has a market cap of $17.37 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75. The company has a 50 day moving average of $83.83 and a 200 day moving average of $79.24.

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