Greenspring Advisors LLC Sells 3,100 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Greenspring Advisors LLC trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 47.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,412 shares of the company’s stock after selling 3,100 shares during the period. Greenspring Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $201,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AVEM. FMR LLC raised its position in Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after acquiring an additional 1,393 shares during the period. Raymond James & Associates raised its holdings in shares of Avantis Emerging Markets Equity ETF by 123.1% in the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock worth $12,321,000 after purchasing an additional 105,243 shares during the period. Natixis Advisors LLC lifted its stake in Avantis Emerging Markets Equity ETF by 12.6% in the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after purchasing an additional 2,107 shares during the last quarter. Silvia Mccoll Wealth Management LLC increased its position in Avantis Emerging Markets Equity ETF by 7.7% in the fourth quarter. Silvia Mccoll Wealth Management LLC now owns 24,272 shares of the company’s stock worth $1,427,000 after buying an additional 1,740 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $3,872,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA AVEM opened at $59.64 on Thursday. The business’s fifty day moving average price is $59.75 and its 200-day moving average price is $61.14. Avantis Emerging Markets Equity ETF has a one year low of $55.00 and a one year high of $66.31. The stock has a market capitalization of $5.34 billion, a PE ratio of 9.91 and a beta of 0.88.

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.