Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Summit X LLC

Summit X LLC lessened its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 19.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,988 shares of the company’s stock after selling 1,701 shares during the quarter. Summit X LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $394,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AVEM. Clarity Capital Advisors LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $1,255,000. Tortoise Investment Management LLC grew its position in Avantis Emerging Markets Equity ETF by 23.4% in the fourth quarter. Tortoise Investment Management LLC now owns 78,117 shares of the company’s stock worth $4,395,000 after acquiring an additional 14,835 shares during the period. Greenup Street Wealth Management LLC increased its stake in Avantis Emerging Markets Equity ETF by 14.1% during the fourth quarter. Greenup Street Wealth Management LLC now owns 399,671 shares of the company’s stock worth $22,537,000 after acquiring an additional 49,317 shares during the last quarter. Haverford Financial Services Inc. lifted its stake in shares of Avantis Emerging Markets Equity ETF by 77.1% in the 4th quarter. Haverford Financial Services Inc. now owns 8,855 shares of the company’s stock valued at $499,000 after purchasing an additional 3,855 shares during the last quarter. Finally, Private Wealth Management Group LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth $1,901,000.

Avantis Emerging Markets Equity ETF Trading Up 0.5 %

AVEM traded up $0.32 on Friday, hitting $62.42. The company had a trading volume of 297,610 shares, compared to its average volume of 340,182. The company’s fifty day moving average price is $58.64 and its 200 day moving average price is $56.42. Avantis Emerging Markets Equity ETF has a 1 year low of $50.65 and a 1 year high of $62.55. The firm has a market cap of $5.59 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.