Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Equita Financial Network Inc.

Equita Financial Network Inc. reduced its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,859 shares of the company’s stock after selling 3,063 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 0.9% of Equita Financial Network Inc.’s portfolio, making the stock its 23rd largest holding. Equita Financial Network Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,321,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Atlas Brown Inc. boosted its stake in shares of Avantis Emerging Markets Equity ETF by 4.2% during the 2nd quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock worth $276,000 after acquiring an additional 164 shares in the last quarter. Milestone Asset Management Group LLC increased its stake in Avantis Emerging Markets Equity ETF by 4.3% in the 1st quarter. Milestone Asset Management Group LLC now owns 4,192 shares of the company’s stock valued at $252,000 after purchasing an additional 173 shares in the last quarter. Clarity Asset Management Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after purchasing an additional 180 shares during the last quarter. Austin Asset Management Co Inc raised its holdings in Avantis Emerging Markets Equity ETF by 3.1% during the second quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock worth $458,000 after purchasing an additional 199 shares during the last quarter. Finally, L.K. Benson & Company P.C. boosted its position in Avantis Emerging Markets Equity ETF by 1.0% during the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock worth $1,478,000 after purchasing an additional 207 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 1.0%

Shares of AVEM stock opened at $78.00 on Tuesday. The stock has a market cap of $14.38 billion, a P/E ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a fifty-two week low of $52.52 and a fifty-two week high of $78.01. The business has a fifty day simple moving average of $74.22 and a 200-day simple moving average of $68.89.

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.