Haverford Trust Co trimmed its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,193,753 shares of the company’s stock after selling 54,878 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 1.3% of Haverford Trust Co’s portfolio, making the stock its 25th largest position. Haverford Trust Co owned about 2.45% of Avantis Emerging Markets Equity ETF worth $128,971,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC lifted its stake in Avantis Emerging Markets Equity ETF by 223.6% during the third 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. Raymond James Financial Inc. bought a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at $16,021,000. Truist Financial Corp boosted its stake in Avantis Emerging Markets Equity ETF by 4.1% in the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after purchasing an additional 224 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 12.6% in the third quarter. Natixis Advisors LLC now owns 18,846 shares of the company’s stock valued at $1,217,000 after buying an additional 2,107 shares in the last quarter. Finally, US Bancorp DE grew its holdings in Avantis Emerging Markets Equity ETF by 65.8% during the 4th quarter. US Bancorp DE now owns 4,175 shares of the company’s stock worth $245,000 after acquiring an additional 1,657 shares during the last quarter.
Avantis Emerging Markets Equity ETF Stock Down 0.3 %
AVEM stock opened at $61.64 on Monday. The business’s fifty day moving average is $60.16 and its 200-day moving average is $61.23. The company has a market cap of $7.82 billion, a P/E ratio of 12.48 and a beta of 0.79. 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 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.
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