Transcendent Capital Group LLC Sells 2,637 Shares of Avantis Emerging Markets Equity ETF $AVEM

Transcendent Capital Group LLC trimmed its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.6% during the second quarter, Holdings Channel.com reports. The firm owned 32,115 shares of the company’s stock after selling 2,637 shares during the period. Transcendent Capital Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $2,201,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Atlas Brown Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 4.2% during the 2nd quarter. Atlas Brown Inc. now owns 4,029 shares of the company’s stock worth $276,000 after buying an additional 164 shares in the last quarter. Milestone Asset Management Group LLC raised its position in shares of 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 last quarter. Clarity Asset Management Inc. lifted its stake in shares of 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 valued at $45,000 after acquiring an additional 180 shares during the period. Austin Asset Management Co Inc boosted its holdings in Avantis Emerging Markets Equity ETF by 3.1% in the second quarter. Austin Asset Management Co Inc now owns 6,686 shares of the company’s stock valued at $458,000 after acquiring an additional 199 shares during the last quarter. Finally, L.K. Benson & Company P.C. boosted its holdings in Avantis Emerging Markets Equity ETF by 1.0% in the second quarter. L.K. Benson & Company P.C. now owns 21,564 shares of the company’s stock valued at $1,478,000 after acquiring an additional 207 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 3.7%

Avantis Emerging Markets Equity ETF stock opened at $73.09 on Friday. The business’s 50-day simple moving average is $72.98 and its 200 day simple moving average is $67.39. The stock has a market cap of $13.24 billion, a price-to-earnings 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 $76.72.

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.