ShoreHaven Wealth Partners LLC Sells 4,138 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

ShoreHaven Wealth Partners LLC lowered its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,927 shares of the company’s stock after selling 4,138 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 1.7% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 19th biggest position. ShoreHaven Wealth Partners LLC owned about 0.07% of Avantis Emerging Markets Equity ETF worth $2,759,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Commonwealth Equity Services LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 1.4% during the third quarter. Commonwealth Equity Services LLC now owns 130,302 shares of the company’s stock valued at $6,879,000 after buying an additional 1,794 shares during the last quarter. Raymond James & Associates purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth about $1,992,000. Raymond James Financial Services Advisors Inc. boosted its position in Avantis Emerging Markets Equity ETF by 13.2% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 101,266 shares of the company’s stock valued at $5,346,000 after acquiring an additional 11,847 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in Avantis Emerging Markets Equity ETF by 4.8% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 9,631 shares of the company’s stock valued at $508,000 after acquiring an additional 438 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Avantis Emerging Markets Equity ETF by 24.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 25,414 shares of the company’s stock worth $1,342,000 after acquiring an additional 4,953 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM traded up $0.09 during mid-day trading on Wednesday, hitting $60.07. 278,529 shares of the stock traded hands, compared to its average volume of 342,679. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The stock has a fifty day moving average price of $58.03 and a 200-day moving average price of $55.94. Avantis Emerging Markets Equity ETF has a 52 week low of $50.65 and a 52 week high of $60.49.

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.