Morris Financial Concepts Inc. lessened its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM – Free Report) by 21.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 9,833 shares of the company’s stock after selling 2,635 shares during the period. Morris Financial Concepts Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $578,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Iron Horse Wealth Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at $28,000. Northwest Investment Counselors LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $37,000. Brown Lisle Cummings Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $82,000. FMR LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock valued at $130,000 after purchasing an additional 1,393 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $144,000.
Avantis Emerging Markets Equity ETF Trading Up 0.4 %
NYSEARCA AVEM opened at $60.49 on Thursday. Avantis Emerging Markets Equity ETF has a 1-year low of $55.00 and a 1-year high of $66.31. The company has a market capitalization of $5.41 billion, a PE ratio of 9.91 and a beta of 0.88. The firm’s fifty day simple moving average is $59.66 and its 200-day simple moving average is $61.14.
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.
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