Avantis Emerging Markets Equity ETF $AVEM Holdings Reduced by Torren Management LLC

Torren Management LLC trimmed its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,171 shares of the company’s stock after selling 17,927 shares during the quarter. Avantis Emerging Markets Equity ETF makes up approximately 5.1% of Torren Management LLC’s holdings, making the stock its 7th biggest position. Torren Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $10,167,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. IFP Advisors Inc boosted its position in shares of Avantis Emerging Markets Equity ETF by 0.4% during the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock worth $2,190,000 after acquiring an additional 120 shares during the last quarter. Investmark Advisory Group LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after buying an additional 121 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 0.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after buying an additional 130 shares in the last quarter. Hardin Capital Partners LLC boosted its stake in Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock valued at $1,056,000 after buying an additional 135 shares during the last quarter. Finally, BLVD Private Wealth LLC boosted its stake in Avantis Emerging Markets Equity ETF by 0.6% during the fourth quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock valued at $1,716,000 after buying an additional 140 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.2%

NYSEARCA AVEM traded up $0.17 during trading on Friday, hitting $94.14. 2,671,141 shares of the stock traded hands, compared to its average volume of 2,012,466. Avantis Emerging Markets Equity ETF has a 12-month low of $68.27 and a 12-month high of $100.83. The firm has a 50-day simple moving average of $94.85 and a 200-day simple moving average of $87.30. The company has a market capitalization of $25.83 billion, a P/E ratio of 12.66 and a beta of 0.73.

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