Orion Porfolio Solutions LLC Sells 50,974 Shares of Avantis Emerging Markets Equity ETF $AVEM

Orion Porfolio Solutions LLC trimmed its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 506,234 shares of the company’s stock after selling 50,974 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $34,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Atlas Brown Inc. increased its holdings in Avantis Emerging Markets Equity ETF by 4.2% in the second quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock worth $276,000 after purchasing an additional 164 shares in the last quarter. Clarity Asset Management Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 31.5% in the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock valued at $45,000 after acquiring an additional 180 shares in the last quarter. Austin Asset Management Co Inc lifted its position in shares of Avantis Emerging Markets Equity ETF by 3.1% during the 2nd quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock valued at $458,000 after acquiring an additional 199 shares during the period. L.K. Benson & Company P.C. lifted its position in shares of Avantis Emerging Markets Equity ETF by 1.0% during the 2nd quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock valued at $1,478,000 after acquiring an additional 207 shares during the period. Finally, Freedom Investment Management Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 2.9% during the second quarter. Freedom Investment Management Inc. now owns 7,595 shares of the company’s stock worth $521,000 after acquiring an additional 216 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $76.51 on Friday. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $78.76. The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The business has a 50-day simple moving average of $76.66 and a 200 day simple moving average of $72.57.

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.