C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Cuts Stock Holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,168 shares of the company’s stock after selling 974 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Avantis Emerging Markets Equity ETF were worth $1,715,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of AVEM. Strategic Financial Concepts LLC boosted its position in Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock worth $170,150,000 after purchasing an additional 2,854,681 shares during the last quarter. Savant Capital LLC boosted its position in Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after purchasing an additional 1,172,561 shares during the last quarter. Jane Street Group LLC boosted its position in Avantis Emerging Markets Equity ETF by 380.2% in the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after purchasing an additional 1,125,300 shares during the last quarter. MML Investors Services LLC boosted its position in Avantis Emerging Markets Equity ETF by 270.3% in the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after purchasing an additional 687,056 shares during the last quarter. Finally, Merit Financial Group LLC boosted its position 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.

Avantis Emerging Markets Equity ETF Trading Up 0.8 %

AVEM stock opened at $61.64 on Wednesday. The stock’s fifty day simple moving average is $59.56 and its two-hundred day simple moving average is $61.17. Avantis Emerging Markets Equity ETF has a 1-year low of $55.65 and a 1-year high of $66.31. The stock has a market cap of $5.52 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.