Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by SOL Capital Management CO

SOL Capital Management CO trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 24.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,948 shares of the company’s stock after selling 10,024 shares during the quarter. SOL Capital Management CO’s holdings in Avantis Emerging Markets Equity ETF were worth $1,862,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Natixis Advisors LLC boosted its holdings 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 during the period. Raymond James Financial Inc. purchased a new position in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $16,021,000. Truist Financial Corp boosted its holdings in Avantis Emerging Markets Equity ETF by 4.1% during 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 period. Signaturefd LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $66,000. Finally, Transamerica Financial Advisors Inc. boosted its holdings in Avantis Emerging Markets Equity ETF by 2.3% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 50,024 shares of the company’s stock valued at $2,941,000 after acquiring an additional 1,103 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $67.95 on Thursday. The business has a 50-day moving average of $64.03 and a 200 day moving average of $61.18. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $68.38. The stock has a market capitalization of $10.49 billion, a price-to-earnings ratio of 12.66 and a beta of 0.66.

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.