Greenspring Advisors LLC Sells 3,100 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Greenspring Advisors LLC trimmed its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 47.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,412 shares of the company’s stock after selling 3,100 shares during the quarter. Greenspring Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $201,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Iron Horse Wealth Management LLC bought a new position in Avantis Emerging Markets Equity ETF during the 3rd quarter valued at approximately $28,000. Northwest Investment Counselors LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $37,000. City State Bank purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth $45,000. Brown Lisle Cummings Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth $82,000. Finally, FMR LLC boosted its holdings 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 valued at $130,000 after acquiring an additional 1,393 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.1 %

Shares of NYSEARCA AVEM opened at $59.64 on Thursday. The firm has a fifty day simple moving average of $59.75 and a two-hundred day simple moving average of $61.14. Avantis Emerging Markets Equity ETF has a 12 month low of $55.00 and a 12 month high of $66.31. The firm has a market capitalization of $5.34 billion, a PE ratio of 9.91 and a beta of 0.88.

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.