Versant Capital Management Inc Has $20.36 Million Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Versant Capital Management Inc trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEMFree Report) by 0.3% in the 1st quarter, Holdings Channel reports. The firm owned 351,185 shares of the company’s stock after selling 1,037 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 5.8% of Versant Capital Management Inc’s holdings, making the stock its 4th biggest holding. Versant Capital Management Inc’s holdings in Avantis Emerging Markets Equity ETF were worth $20,355,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AVEM. Tandem Wealth Advisors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $25,000. TD Capital Management LLC purchased a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $25,000. Principal Securities Inc. purchased a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $31,000. Westside Investment Management Inc. grew its stake in Avantis Emerging Markets Equity ETF by 740.0% in the fourth quarter. Westside Investment Management Inc. now owns 840 shares of the company’s stock valued at $47,000 after purchasing an additional 740 shares during the last quarter. Finally, Able Wealth Management LLC purchased a new position in Avantis Emerging Markets Equity ETF in the fourth quarter valued at about $75,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM traded up $0.54 on Tuesday, hitting $62.08. The company had a trading volume of 349,577 shares, compared to its average volume of 332,995. The stock has a fifty day moving average price of $59.99 and a 200-day moving average price of $57.54. Avantis Emerging Markets Equity ETF has a 12-month low of $50.65 and a 12-month high of $62.55. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88.

About Avantis Emerging Markets Equity ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

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