Avantis Emerging Markets Equity ETF $AVEM Position Lessened by Dentgroup LLC

Dentgroup LLC decreased its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 10,423 shares of the company’s stock after selling 1,150 shares during the period. Dentgroup LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $714,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AVEM. HB Wealth Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 5,090.0% during the 1st quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock valued at $65,507,000 after acquiring an additional 1,067,724 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Avantis Emerging Markets Equity ETF by 61.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after acquiring an additional 540,962 shares in the last quarter. Financial Counselors Inc. raised its stake in Avantis Emerging Markets Equity ETF by 368.1% during the 1st quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after acquiring an additional 514,673 shares in the last quarter. Cresset Asset Management LLC raised its stake in Avantis Emerging Markets Equity ETF by 123.3% during the 1st quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after acquiring an additional 423,990 shares in the last quarter. Finally, Gradient Investments LLC raised its stake in Avantis Emerging Markets Equity ETF by 71.3% during the 1st quarter. Gradient Investments LLC now owns 1,014,627 shares of the company’s stock valued at $61,050,000 after acquiring an additional 422,452 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $74.34 on Friday. The business’s fifty day moving average price is $70.73 and its two-hundred day moving average price is $65.37. The company has a market capitalization of $12.18 billion, a P/E ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1-year low of $52.52 and a 1-year high of $74.54.

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.