B. Riley Wealth Advisors Inc. Sells 1,386 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

B. Riley Wealth Advisors Inc. cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,377 shares of the company’s stock after selling 1,386 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $608,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Iron Horse Wealth Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $28,000. Northwest Investment Counselors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $37,000. City State Bank acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $45,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $82,000. Finally, Nemes Rush Group LLC raised its holdings in Avantis Emerging Markets Equity ETF by 68.1% during the second quarter. Nemes Rush Group LLC now owns 1,787 shares of the company’s stock worth $109,000 after acquiring an additional 724 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 2.6 %

AVEM stock opened at $58.59 on Thursday. The company has a market cap of $5.24 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a twelve month low of $52.72 and a twelve month high of $66.31. The business has a 50 day moving average price of $62.26 and a two-hundred day moving average price of $61.77.

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.