Systelligence LLC Sells 35,375 Shares of Avantis Emerging Markets Equity ETF $AVEM

Systelligence LLC trimmed its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 32.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,529 shares of the company’s stock after selling 35,375 shares during the quarter. Systelligence LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $5,925,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. IFP Advisors Inc grew its position in Avantis Emerging Markets Equity ETF by 0.4% in 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 in the last quarter. Investmark Advisory Group LLC raised its position in Avantis Emerging Markets Equity ETF by 1.8% during the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock valued at $517,000 after purchasing an additional 121 shares during the period. Dynamic Advisor Solutions LLC raised its position in Avantis Emerging Markets Equity ETF by 0.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock valued at $3,370,000 after purchasing an additional 130 shares during the period. Hardin Capital Partners LLC raised its position 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 purchasing an additional 135 shares during the period. Finally, BLVD Private Wealth LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 0.6% in the 4th quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock valued at $1,716,000 after purchasing an additional 140 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $94.40 on Friday. The stock has a market cap of $24.62 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The stock has a 50 day moving average price of $93.86 and a 200-day moving average price of $86.06. Avantis Emerging Markets Equity ETF has a one year low of $68.00 and a one year high of $100.83.

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.