NewSquare Capital LLC Sells 941 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

NewSquare Capital LLC lowered its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 18.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,188 shares of the company’s stock after selling 941 shares during the period. NewSquare Capital LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. FMR LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after purchasing an additional 1,393 shares during the period. Private Trust Co. NA lifted its stake in shares of Avantis Emerging Markets Equity ETF by 29.4% in the 4th quarter. Private Trust Co. NA now owns 2,265 shares of the company’s stock worth $133,000 after purchasing an additional 515 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $144,000. Kestra Investment Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $159,000. Finally, MBE Wealth Management LLC bought a new position in shares of Avantis Emerging Markets Equity ETF in the 4th quarter worth approximately $204,000.

Avantis Emerging Markets Equity ETF Stock Up 3.1 %

Shares of NYSEARCA:AVEM opened at $61.13 on Thursday. The firm’s 50 day moving average price is $59.61 and its 200-day moving average price is $61.25. The stock has a market capitalization of $7.66 billion, a PE ratio of 11.90 and a beta of 0.78. Avantis Emerging Markets Equity ETF has a twelve month low of $55.65 and a twelve month high of $66.31.

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.