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

Signature Resources Capital Management LLC cut its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,285 shares of the company’s stock after selling 6,738 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 2.7% of Signature Resources Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding. Signature Resources Capital Management LLC owned about 0.05% of Avantis Emerging Markets Equity ETF worth $2,990,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its position in Avantis Emerging Markets Equity ETF by 104.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,093 shares of the company’s stock valued at $344,000 after buying an additional 3,113 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 9.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 171,373 shares of the company’s stock valued at $9,933,000 after purchasing an additional 15,234 shares during the last quarter. Tarbox Family Office Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 9.1% in the 1st quarter. Tarbox Family Office Inc. now owns 525,789 shares of the company’s stock worth $30,475,000 after purchasing an additional 43,771 shares in the last quarter. Dixon Fnancial Services Inc. purchased a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $540,000. Finally, Symphony Financial Ltd. Co. increased its stake in Avantis Emerging Markets Equity ETF by 4.7% during the 1st quarter. Symphony Financial Ltd. Co. now owns 7,572 shares of the company’s stock valued at $439,000 after purchasing an additional 339 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 0.5 %

NYSEARCA:AVEM opened at $63.54 on Thursday. The firm has a fifty day simple moving average of $62.62 and a 200-day simple moving average of $61.18. The company has a market capitalization of $5.69 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12 month low of $50.65 and a 12 month high of $66.31.

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.