Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lowered its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,525 shares of the company’s stock after selling 619 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $678,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AVEM. FMR LLC boosted 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 purchasing an additional 1,393 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the fourth quarter worth about $16,021,000. Natixis Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 39.8% during the 4th quarter. Natixis Advisors LLC now owns 26,338 shares of the company’s stock valued at $1,548,000 after acquiring an additional 7,492 shares in the last quarter. Truist Financial Corp raised its holdings in Avantis Emerging Markets Equity ETF by 4.1% in the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after acquiring an additional 224 shares during the last quarter. Finally, US Bancorp DE lifted its stake in Avantis Emerging Markets Equity ETF by 65.8% in the 4th quarter. US Bancorp DE now owns 4,175 shares of the company’s stock worth $245,000 after purchasing an additional 1,657 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $61.54 on Friday. The stock’s 50 day simple moving average is $60.46 and its 200-day simple moving average is $61.26. The stock has a market cap of $7.80 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.

About Avantis Emerging Markets Equity ETF

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.