Acima Private Wealth LLC Cuts Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Acima Private Wealth LLC cut its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 52.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,112 shares of the company’s stock after selling 49,661 shares during the period. Avantis Emerging Markets Equity ETF accounts for 0.9% of Acima Private Wealth LLC’s investment portfolio, making the stock its 27th largest holding. Acima Private Wealth LLC owned approximately 0.05% of Avantis Emerging Markets Equity ETF worth $2,652,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Flagstar Advisors Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 2.2% in the 4th quarter. Flagstar Advisors Inc. now owns 8,247 shares of the company’s stock valued at $485,000 after purchasing an additional 175 shares in the last quarter. ORBA Wealth Advisors L.L.C. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% in the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 65,396 shares of the company’s stock valued at $3,845,000 after purchasing an additional 175 shares in the last quarter. Evanson Asset Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 2.2% in the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock valued at $516,000 after purchasing an additional 187 shares in the last quarter. Orion Capital Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 2.1% in the 3rd quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock valued at $646,000 after purchasing an additional 204 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of Avantis Emerging Markets Equity ETF by 4.1% in the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after purchasing an additional 224 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 2.1 %

Shares of AVEM opened at $60.07 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The firm’s fifty day simple moving average is $59.61 and its 200-day simple moving average is $61.27. The firm has a market capitalization of $7.52 billion, a price-to-earnings ratio of 11.90 and a beta of 0.78.

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.