Bridgewater Advisors Inc. Sells 1,393 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Bridgewater Advisors Inc. lowered its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,231 shares of the company’s stock after selling 1,393 shares during the period. Bridgewater Advisors Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $5,842,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVEM. Jane Street Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 380.2% during the 3rd quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after acquiring an additional 1,125,300 shares during the period. MML Investors Services LLC lifted its position in Avantis Emerging Markets Equity ETF by 270.3% during the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock valued at $60,803,000 after purchasing an additional 687,056 shares during the period. Merit Financial Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 486.2% in the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock worth $41,948,000 after purchasing an additional 591,800 shares during the last quarter. Bank of Montreal Can grew its position in Avantis Emerging Markets Equity ETF by 26,155,500.0% in the 3rd quarter. Bank of Montreal Can now owns 523,112 shares of the company’s stock worth $34,264,000 after purchasing an additional 523,110 shares during the period. Finally, Cerity Partners LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 31.1% during the 3rd quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock valued at $137,885,000 after purchasing an additional 506,778 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $58.82 on Monday. The stock’s fifty day moving average is $60.18 and its 200 day moving average is $61.43. Avantis Emerging Markets Equity ETF has a one year low of $53.21 and a one year high of $66.31. The stock has a market cap of $5.26 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.