US Bancorp DE Sells 1,092 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

US Bancorp DE lessened its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,083 shares of the company’s stock after selling 1,092 shares during the period. US Bancorp DE’s holdings in Avantis Emerging Markets Equity ETF were worth $186,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AVEM. POM Investment Strategies LLC acquired a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. Minot DeBlois Advisors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the fourth quarter worth about $26,000. Webster Bank N. A. bought a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter worth about $46,000. JFS Wealth Advisors LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 543.8% during the first quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after purchasing an additional 696 shares during the last quarter. Finally, CVA Family Office LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 32.7% during the first quarter. CVA Family Office LLC now owns 848 shares of the company’s stock worth $51,000 after purchasing an additional 209 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3%

Shares of AVEM opened at $71.23 on Friday. The firm has a fifty day simple moving average of $69.12 and a two-hundred day simple moving average of $63.79. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $71.96. The stock has a market capitalization of $11.67 billion, a P/E ratio of 12.66 and a beta of 0.80.

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.