Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Signet Financial Management LLC

Signet Financial Management LLC lowered its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 135,655 shares of the company’s stock after selling 783 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.0% of Signet Financial Management LLC’s holdings, making the stock its 23rd largest holding. Signet Financial Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $7,975,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in AVEM. FMR LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares in the last quarter. Sterneck Capital Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 17.6% during the third quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock valued at $3,336,000 after buying an additional 7,737 shares in the last quarter. Annandale Capital LLC lifted its position in Avantis Emerging Markets Equity ETF by 33.8% during the second quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock valued at $3,842,000 after buying an additional 15,876 shares in the last quarter. Raymond James & Associates increased its position in shares of Avantis Emerging Markets Equity ETF by 123.1% in the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after acquiring an additional 105,243 shares in the last quarter. Finally, DBK Financial Counsel LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 3.0% in the third quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock worth $657,000 after acquiring an additional 300 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM traded down $0.49 during midday trading on Monday, hitting $57.11. 793,241 shares of the company’s stock traded hands, compared to its average volume of 491,606. The firm’s fifty day moving average price is $60.70 and its two-hundred day moving average price is $61.53. Avantis Emerging Markets Equity ETF has a twelve month low of $52.72 and a twelve month high of $66.31. The company has a market cap of $5.11 billion, a PE ratio of 9.91 and a beta of 0.88.

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.