Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by TFB Advisors LLC

TFB Advisors LLC trimmed its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,312 shares of the company’s stock after selling 212 shares during the quarter. TFB Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,606,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Savant Capital LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 7.6% in the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after buying an additional 2,854,681 shares during the period. Haverford Trust Co grew its position in shares of Avantis Emerging Markets Equity ETF by 0.6% during the 3rd quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock worth $145,262,000 after buying an additional 13,301 shares during the period. Cerity Partners LLC boosted its stake in 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 worth $137,885,000 after acquiring an additional 506,778 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Avantis Emerging Markets Equity ETF by 0.3% in the third quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock valued at $113,638,000 after buying an additional 4,738 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $60.22 on Wednesday. Avantis Emerging Markets Equity ETF has a twelve month low of $55.00 and a twelve month high of $66.31. The firm has a market cap of $5.39 billion, a P/E ratio of 9.91 and a beta of 0.88. The firm’s 50 day moving average price is $59.69 and its two-hundred day moving average price is $61.14.

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.