Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Visionary Horizons LLC

Visionary Horizons LLC reduced its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 47.7% during the 1st quarter, HoldingsChannel reports. The firm owned 76,449 shares of the company’s stock after selling 69,652 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 3.2% of Visionary Horizons LLC’s investment portfolio, making the stock its 8th biggest position. Visionary Horizons LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $4,600,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Natixis Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 39.8% in the 4th quarter. Natixis Advisors LLC now owns 26,338 shares of the company’s stock valued at $1,548,000 after purchasing an additional 7,492 shares during the period. Raymond James Financial Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the 4th quarter worth about $16,021,000. Truist Financial Corp raised its position in shares of Avantis Emerging Markets Equity ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after buying an additional 224 shares during the last quarter. Signaturefd LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $66,000. Finally, Transamerica Financial Advisors Inc. grew its position in Avantis Emerging Markets Equity ETF by 2.3% during the fourth quarter. Transamerica Financial Advisors Inc. now owns 50,024 shares of the company’s stock worth $2,941,000 after buying an additional 1,103 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.7%

Shares of AVEM opened at $67.57 on Wednesday. The stock’s 50-day moving average price is $61.54 and its 200 day moving average price is $60.71. The firm has a market capitalization of $10.30 billion, a price-to-earnings ratio of 12.64 and a beta of 0.66. Avantis Emerging Markets Equity ETF has a 12-month low of $52.52 and a 12-month high of $67.72.

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.