Good Life Advisors LLC Decreases Stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Good Life Advisors LLC lowered its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.3% in the 1st quarter, Holdings Channel reports. The firm owned 24,595 shares of the company’s stock after selling 1,111 shares during the period. Good Life Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,480,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. D Orazio & Associates Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 39.0% in the first quarter. D Orazio & Associates Inc. now owns 34,637 shares of the company’s stock worth $2,084,000 after purchasing an additional 9,725 shares during the last quarter. ORBA Wealth Advisors L.L.C. raised its stake in shares of Avantis Emerging Markets Equity ETF by 11.9% in the first quarter. ORBA Wealth Advisors L.L.C. now owns 73,196 shares of the company’s stock worth $4,404,000 after purchasing an additional 7,800 shares during the last quarter. CogentBlue Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 46.3% in the first quarter. CogentBlue Wealth Advisors LLC now owns 5,523 shares of the company’s stock worth $332,000 after purchasing an additional 1,748 shares during the last quarter. Foster Victor Wealth Advisors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter worth $719,000. Finally, Lakeridge Wealth Management LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 3.4% in the first quarter. Lakeridge Wealth Management LLC now owns 15,939 shares of the company’s stock worth $959,000 after acquiring an additional 523 shares during the period.

Avantis Emerging Markets Equity ETF Trading Up 1.3%

AVEM opened at $68.03 on Tuesday. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $68.38. The company has a market capitalization of $10.37 billion, a PE ratio of 12.64 and a beta of 0.66. The firm’s 50 day simple moving average is $62.64 and its two-hundred day simple moving average is $60.90.

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.