Quarry Hill Advisors LLC Reduces Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Quarry Hill Advisors LLC cut its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,718 shares of the company’s stock after selling 608 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 0.8% of Quarry Hill Advisors LLC’s portfolio, making the stock its 24th largest position. Quarry Hill Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,159,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 7,223.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares in the last quarter. Annex Advisory Services LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 13.8% during the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after acquiring an additional 307,011 shares in the last quarter. Haverford Trust Co increased its position in shares of Avantis Emerging Markets Equity ETF by 0.6% during the third quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock worth $145,262,000 after acquiring an additional 13,301 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 31.1% in the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock worth $137,885,000 after acquiring an additional 506,778 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after purchasing an additional 4,738 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.4 %

AVEM stock opened at $59.75 on Friday. The stock’s 50 day moving average is $59.73 and its two-hundred day moving average is $61.13. Avantis Emerging Markets Equity ETF has a 52-week low of $55.00 and a 52-week high of $66.31. The company has a market capitalization of $5.35 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.