Avantis Emerging Markets Equity ETF $AVEM Shares Sold by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC trimmed its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 424,032 shares of the company’s stock after selling 1,694 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for about 4.8% of Arlington Financial Advisors LLC’s portfolio, making the stock its 7th biggest holding. Arlington Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $29,063,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVEM. Janney Montgomery Scott LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth about $1,410,000. CENTRAL TRUST Co raised its holdings in Avantis Emerging Markets Equity ETF by 14.9% during the 1st quarter. CENTRAL TRUST Co now owns 17,896 shares of the company’s stock worth $1,077,000 after buying an additional 2,325 shares during the period. Lion Street Advisors LLC raised its holdings in Avantis Emerging Markets Equity ETF by 3.0% during the 1st quarter. Lion Street Advisors LLC now owns 8,649 shares of the company’s stock worth $520,000 after buying an additional 253 shares during the period. Seed Wealth Management Inc. raised its holdings in Avantis Emerging Markets Equity ETF by 11.6% during the 1st quarter. Seed Wealth Management Inc. now owns 11,580 shares of the company’s stock worth $697,000 after buying an additional 1,200 shares during the period. Finally, MN Wealth Advisors LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 1st quarter worth about $3,991,000.

Avantis Emerging Markets Equity ETF Trading Down 1.1%

NYSEARCA AVEM opened at $74.45 on Wednesday. The stock’s 50-day moving average price is $73.20 and its two-hundred day moving average price is $67.59. The company has a market cap of $13.48 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a 1 year low of $52.52 and a 1 year high of $76.72.

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.