Venturi Wealth Management LLC Sells 167,731 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Venturi Wealth Management LLC lessened its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 56.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 128,841 shares of the company’s stock after selling 167,731 shares during the quarter. Venturi Wealth Management LLC owned approximately 0.14% of Avantis Emerging Markets Equity ETF worth $7,575,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Iron Horse Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $28,000. Northwest Investment Counselors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $37,000. Brown Lisle Cummings Inc. purchased a new position in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at $82,000. FMR LLC increased its position in Avantis Emerging Markets Equity ETF by 223.6% in the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Avantis Emerging Markets Equity ETF during the third quarter valued at $144,000.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

Shares of NYSEARCA:AVEM opened at $61.16 on Tuesday. The firm has a fifty day simple moving average of $59.60 and a two-hundred day simple moving average of $61.15. The stock has a market capitalization of $5.47 billion, a P/E ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31.

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.