SOL Capital Management CO Sells 7,531 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

SOL Capital Management CO lessened its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 40,972 shares of the company’s stock after selling 7,531 shares during the period. SOL Capital Management CO’s holdings in Avantis Emerging Markets Equity ETF were worth $2,409,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter worth $28,000. Northwest Investment Counselors LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth about $37,000. City State Bank bought a new stake in Avantis Emerging Markets Equity ETF during the 3rd quarter worth about $45,000. Brown Lisle Cummings Inc. acquired a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at about $82,000. Finally, FMR LLC boosted its stake in shares of 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 purchasing an additional 1,393 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM opened at $59.84 on Friday. The firm has a 50 day simple moving average of $59.91 and a 200 day simple moving average of $61.23. Avantis Emerging Markets Equity ETF has a fifty-two week low of $54.33 and a fifty-two week high of $66.31. The company has a market cap of $5.36 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

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.