Avantis Emerging Markets Equity ETF $AVEM Shares Sold by D Orazio & Associates Inc.

D Orazio & Associates Inc. lowered its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 8.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 84,107 shares of the company’s stock after selling 7,552 shares during the quarter. Avantis Emerging Markets Equity ETF comprises 0.8% of D Orazio & Associates Inc.’s investment portfolio, making the stock its 22nd biggest holding. D Orazio & Associates Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $6,317,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its stake in Avantis Emerging Markets Equity ETF by 2,366.7% in the second quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock valued at $25,000 after purchasing an additional 355 shares during the last quarter. American Capital Advisory LLC acquired a new position in Avantis Emerging Markets Equity ETF in the third quarter valued at $30,000. Tripletail Wealth Management LLC purchased a new position in shares of Avantis Emerging Markets Equity ETF during the third quarter worth about $49,000. Spire Wealth Management increased its position in shares of Avantis Emerging Markets Equity ETF by 324.9% during the third quarter. Spire Wealth Management now owns 752 shares of the company’s stock worth $56,000 after purchasing an additional 575 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at about $57,000.

Avantis Emerging Markets Equity ETF Stock Down 0.2%

NYSEARCA:AVEM opened at $86.28 on Friday. The stock’s 50 day moving average price is $81.04 and its 200 day moving average price is $76.94. The company has a market capitalization of $19.07 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $87.56.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.