HUB Investment Partners LLC Sells 50,654 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

HUB Investment Partners LLC lowered its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 506,300 shares of the company’s stock after selling 50,654 shares during the period. Avantis Emerging Markets Equity ETF makes up 1.2% of HUB Investment Partners LLC’s investment portfolio, making the stock its 14th largest holding. HUB Investment Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $29,765,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Signaturefd LLC purchased a new position in Avantis Emerging Markets Equity ETF in the fourth quarter worth about $66,000. FMR LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares during the last quarter. Private Trust Co. NA increased its holdings in Avantis Emerging Markets Equity ETF by 29.4% during the fourth quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock valued at $133,000 after buying an additional 515 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $144,000. Finally, Kestra Investment Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter valued at approximately $159,000.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $62.40 on Thursday. The firm has a market cap of $7.91 billion, a P/E ratio of 12.48 and a beta of 0.79. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year high of $66.31. The company has a 50 day simple moving average of $60.02 and a two-hundred day simple moving average of $61.21.

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.