Verdence Capital Advisors LLC Has $737,000 Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Verdence Capital Advisors LLC lowered its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,535 shares of the company’s stock after selling 1,465 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $737,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Atria Investments Inc raised its stake in Avantis Emerging Markets Equity ETF by 4.8% during the 4th quarter. Atria Investments Inc now owns 35,660 shares of the company’s stock worth $2,096,000 after buying an additional 1,625 shares during the period. Synergy Investment Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the 4th quarter worth $608,000. Physician Wealth Solutions Inc. raised its stake in Avantis Emerging Markets Equity ETF by 10.0% during the 4th quarter. Physician Wealth Solutions Inc. now owns 55,511 shares of the company’s stock worth $3,263,000 after buying an additional 5,051 shares during the period. WMG Financial Advisors LLC raised its stake in Avantis Emerging Markets Equity ETF by 5.7% during the 4th quarter. WMG Financial Advisors LLC now owns 103,293 shares of the company’s stock worth $6,073,000 after buying an additional 5,579 shares during the period. Finally, Sage Rhino Capital LLC raised its stake in Avantis Emerging Markets Equity ETF by 6.2% during the 4th quarter. Sage Rhino Capital LLC now owns 18,143 shares of the company’s stock worth $1,067,000 after buying an additional 1,057 shares during the period.

Avantis Emerging Markets Equity ETF Trading Down 0.5 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $60.82 on Friday. The stock’s fifty day simple moving average is $59.63 and its 200 day simple moving average is $61.25. Avantis Emerging Markets Equity ETF has a 12 month low of $55.65 and a 12 month high of $66.31. The company has a market capitalization of $7.62 billion, a PE ratio of 11.90 and a beta of 0.78.

Avantis Emerging Markets Equity ETF 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.