Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Holdings Cut by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. lowered its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 26.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,400 shares of the company’s stock after selling 850 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $144,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Minot DeBlois Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $26,000. Tucker Asset Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $33,000. Webster Bank N. A. bought a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth approximately $46,000. CVA Family Office LLC raised 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 in the last quarter. Finally, Signaturefd LLC bought a new stake in Avantis Emerging Markets Equity ETF during the fourth quarter worth approximately $66,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $67.19 on Friday. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 12.64 and a beta of 0.66. The stock’s 50 day moving average price is $62.34 and its 200 day moving average price is $60.85. Avantis Emerging Markets Equity ETF has a 12 month low of $52.52 and a 12 month high of $68.19.

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.