Exchange Traded Concepts LLC Sells 42,532 Shares of Avantis Emerging Markets Equity ETF $AVEM

Exchange Traded Concepts LLC lessened its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 21.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,997 shares of the company’s stock after selling 42,532 shares during the quarter. Exchange Traded Concepts LLC owned approximately 0.10% of Avantis Emerging Markets Equity ETF worth $10,418,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Atlas Brown Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 4.2% in the second quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock valued at $276,000 after purchasing an additional 164 shares in the last quarter. Milestone Asset Management Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 4.3% during the first quarter. Milestone Asset Management Group LLC now owns 4,192 shares of the company’s stock worth $252,000 after acquiring an additional 173 shares during the period. Clarity Asset Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 31.5% during the first quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after acquiring an additional 180 shares during the period. CVA Family Office LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 32.7% during the first quarter. CVA Family Office LLC now owns 848 shares of the company’s stock worth $51,000 after acquiring an additional 209 shares during the period. Finally, Hardin Capital Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 2.2% during the first quarter. Hardin Capital Partners LLC now owns 10,540 shares of the company’s stock worth $634,000 after acquiring an additional 225 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.2%

Shares of Avantis Emerging Markets Equity ETF stock opened at $75.25 on Friday. The business’s fifty day simple moving average is $71.25 and its 200 day simple moving average is $65.79. The firm has a market capitalization of $12.33 billion, a P/E ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $75.91.

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.