Thrivent Financial for Lutherans Sells 394 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Thrivent Financial for Lutherans trimmed its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,283 shares of the company’s stock after selling 394 shares during the period. Thrivent Financial for Lutherans’ holdings in Avantis Emerging Markets Equity ETF were worth $830,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Flagstar Advisors Inc. raised its stake in Avantis Emerging Markets Equity ETF by 2.2% during the fourth quarter. Flagstar Advisors Inc. now owns 8,247 shares of the company’s stock worth $485,000 after acquiring an additional 175 shares in the last quarter. ORBA Wealth Advisors L.L.C. increased its position in Avantis Emerging Markets Equity ETF by 0.3% during the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 65,396 shares of the company’s stock worth $3,845,000 after purchasing an additional 175 shares in the last quarter. Evanson Asset Management LLC increased its position in Avantis Emerging Markets Equity ETF by 2.2% during the 4th quarter. Evanson Asset Management LLC now owns 8,774 shares of the company’s stock worth $516,000 after purchasing an additional 187 shares in the last quarter. Orion Capital Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 2.1% in the 3rd quarter. Orion Capital Management LLC now owns 10,007 shares of the company’s stock valued at $646,000 after purchasing an additional 204 shares during the last quarter. Finally, Truist Financial Corp grew its stake in shares of Avantis Emerging Markets Equity ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock worth $337,000 after buying an additional 224 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $60.71 on Thursday. Avantis Emerging Markets Equity ETF has a 52 week low of $55.65 and a 52 week high of $66.31. The stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of 12.56 and a beta of 0.67. The stock has a fifty day moving average of $60.56 and a 200-day moving average of $61.28.

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.