Equita Financial Network Inc. Sells 6,806 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Equita Financial Network Inc. lessened its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,195 shares of the company’s stock after selling 6,806 shares during the period. Avantis Emerging Markets Equity ETF accounts for 0.9% of Equita Financial Network Inc.’s investment portfolio, making the stock its 29th biggest position. Equita Financial Network Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $2,403,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of AVEM. Fifth Third Wealth Advisors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth about $931,000. Caprock Group LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 47.4% in the 3rd quarter. Caprock Group LLC now owns 11,175 shares of the company’s stock worth $722,000 after buying an additional 3,593 shares during the period. EnRich Financial Partners LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 2.6% in the 3rd quarter. EnRich Financial Partners LLC now owns 69,278 shares of the company’s stock worth $4,475,000 after buying an additional 1,770 shares during the period. CAP Partners LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 5.3% in the 3rd quarter. CAP Partners LLC now owns 34,319 shares of the company’s stock worth $2,217,000 after buying an additional 1,736 shares during the last quarter. Finally, Tidemark LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 53.5% during the third quarter. Tidemark LLC now owns 77,372 shares of the company’s stock valued at $4,998,000 after buying an additional 26,983 shares during the period.

Avantis Emerging Markets Equity ETF Stock Up 1.0 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $60.92 on Tuesday. The company has a market cap of $5.45 billion, a PE ratio of 9.91 and a beta of 0.88. The business has a 50 day moving average of $63.07 and a 200 day moving average of $61.76. Avantis Emerging Markets Equity ETF has a 52 week low of $52.72 and a 52 week high of $66.31.

About Avantis Emerging Markets Equity ETF

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.