Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Sterneck Capital Management LLC

Sterneck Capital Management LLC cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 50,908 shares of the company’s stock after selling 740 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 1.6% of Sterneck Capital Management LLC’s holdings, making the stock its 20th biggest position. Sterneck Capital Management LLC owned 0.06% of Avantis Emerging Markets Equity ETF worth $2,993,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its position in Avantis Emerging Markets Equity ETF by 223.6% in the 3rd quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after buying an additional 1,393 shares during the last quarter. Annandale Capital LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 33.8% in the second quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock worth $3,842,000 after acquiring an additional 15,876 shares during the last quarter. Raymond James & Associates boosted its position in Avantis Emerging Markets Equity ETF by 123.1% during the 3rd quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after purchasing an additional 105,243 shares during the period. DBK Financial Counsel LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 3.0% during the third quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock valued at $657,000 after acquiring an additional 300 shares during the period. Finally, 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 purchasing an additional 2,107 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.4 %

AVEM stock opened at $59.11 on Wednesday. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $52.72 and a 52 week high of $66.31. The firm’s 50-day moving average is $60.96 and its two-hundred day moving average is $61.59.

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.