Capital Performance Advisors LLP Reduces Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Capital Performance Advisors LLP lessened its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 9.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,175 shares of the company’s stock after selling 1,331 shares during the quarter. Capital Performance Advisors LLP’s holdings in Avantis Emerging Markets Equity ETF were worth $716,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $28,000. Northwest Investment Counselors LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $37,000. Brown Lisle Cummings Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $82,000. FMR LLC grew its stake in Avantis Emerging Markets Equity ETF by 223.6% during the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter worth approximately $144,000.

Avantis Emerging Markets Equity ETF Trading Up 0.5 %

Shares of AVEM stock opened at $61.16 on Monday. The business’s 50 day moving average is $59.60 and its two-hundred day moving average is $61.15. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31. The company has a market capitalization of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.