AWM Capital LLC Sells 2,232 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

AWM Capital LLC trimmed its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 87,820 shares of the company’s stock after selling 2,232 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 0.6% of AWM Capital LLC’s holdings, making the stock its 23rd biggest position. AWM Capital LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,163,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AVEM. FMR LLC raised 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 valued at $130,000 after buying an additional 1,393 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at about $144,000. Kestra Investment Management LLC bought a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $159,000. MBE Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the 4th quarter valued at about $204,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $205,000.

Avantis Emerging Markets Equity ETF Stock Up 0.7 %

Shares of NYSEARCA:AVEM opened at $61.34 on Thursday. The firm’s 50 day moving average price is $59.59 and its 200-day moving average price is $61.28. The stock has a market capitalization of $7.68 billion, a PE ratio of 11.90 and a beta of 0.78. 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.