Valley National Advisers Inc. Sells 1,316 Shares of Avantis Emerging Markets Equity ETF $AVEM

Valley National Advisers Inc. decreased its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 54.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,093 shares of the company’s stock after selling 1,316 shares during the period. Valley National Advisers Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $74,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Destiny Wealth Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 5.5% during the first quarter. Destiny Wealth Partners LLC now owns 170,919 shares of the company’s stock worth $10,284,000 after acquiring an additional 8,979 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF by 90.3% during the 1st quarter. Farther Finance Advisors LLC now owns 155,606 shares of the company’s stock worth $9,431,000 after purchasing an additional 73,829 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. raised its stake in shares of Avantis Emerging Markets Equity ETF by 11.0% in the first quarter. Henrickson Nauta Wealth Advisors Inc. now owns 130,509 shares of the company’s stock worth $7,286,000 after purchasing an additional 12,937 shares during the last quarter. Objectivity Squared LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 8.6% in the first quarter. Objectivity Squared LLC now owns 72,368 shares of the company’s stock valued at $4,160,000 after purchasing an additional 5,709 shares in the last quarter. Finally, Simplicity Wealth LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $11,432,000.

Avantis Emerging Markets Equity ETF Trading Up 0.5%

Shares of Avantis Emerging Markets Equity ETF stock opened at $76.49 on Tuesday. The company has a market capitalization of $13.74 billion, a P/E ratio of 12.66 and a beta of 0.80. The stock has a fifty day simple moving average of $72.51 and a 200 day simple moving average of $67.05. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $76.63.

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.