Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) is Concord Asset Management LLC VA’s 10th Largest Position

Concord Asset Management LLC VA reduced its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,647 shares of the company’s stock after selling 9,176 shares during the quarter. Avantis Emerging Markets Equity ETF comprises approximately 2.6% of Concord Asset Management LLC VA’s portfolio, making the stock its 10th biggest holding. Concord Asset Management LLC VA owned approximately 0.23% of Avantis Emerging Markets Equity ETF worth $11,914,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Annex Advisory Services LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 13.8% during the 3rd quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock worth $164,026,000 after purchasing an additional 307,011 shares during the period. Haverford Trust Co lifted its position in 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 buying an additional 13,301 shares during the period. Cerity Partners LLC boosted its stake in Avantis Emerging Markets Equity ETF by 31.1% in the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock worth $137,885,000 after buying an additional 506,778 shares during the last quarter. HighTower Advisors LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after buying an additional 4,738 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after acquiring an additional 1,125,300 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $59.21 on Friday. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a one year low of $54.33 and a one year high of $66.31. The company has a 50 day moving average price of $59.89 and a 200 day moving average price of $61.22.

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.