MB Generational Wealth LLC Sells 1,257 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

MB Generational Wealth LLC reduced its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,738 shares of the company’s stock after selling 1,257 shares during the quarter. MB Generational Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $514,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flagstar Advisors Inc. lifted its position in Avantis Emerging Markets Equity ETF by 2.2% in the fourth quarter. Flagstar Advisors Inc. now owns 8,247 shares of the company’s stock worth $485,000 after purchasing an additional 175 shares during the period. Evanson Asset Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 2.2% during the fourth quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock worth $516,000 after acquiring an additional 187 shares in the last quarter. Orion Capital Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 2.1% during the third quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock worth $646,000 after acquiring an additional 204 shares in the last quarter. Truist Financial Corp raised its stake in Avantis Emerging Markets Equity ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after acquiring an additional 224 shares in the last quarter. Finally, Good Life Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 0.9% during the fourth quarter. Good Life Advisors LLC now owns 25,706 shares of the company’s stock worth $1,511,000 after acquiring an additional 239 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $61.58 on Friday. The stock has a fifty day moving average price of $59.54 and a two-hundred day moving average price of $61.24. Avantis Emerging Markets Equity ETF has a 52-week low of $55.65 and a 52-week high of $66.31. The firm has a market capitalization of $5.51 billion, a P/E ratio of 9.91 and a beta of 0.88.

About Avantis Emerging Markets Equity ETF

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.