Signet Financial Management LLC Sells 6,510 Shares of Avantis Emerging Markets Equity ETF $AVEM

Signet Financial Management LLC cut its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 4.9% in the 1st quarter, Holdings Channel reports. The firm owned 125,276 shares of the company’s stock after selling 6,510 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 1.1% of Signet Financial Management LLC’s holdings, making the stock its 19th largest position. Signet Financial Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $10,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Asempa Wealth Advisors acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $939,000. Breakwater Capital Group boosted its position in Avantis Emerging Markets Equity ETF by 14.8% in the fourth quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after buying an additional 6,774 shares in the last quarter. Greenwood Capital Associates LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 24.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 50,241 shares of the company’s stock worth $3,870,000 after buying an additional 9,895 shares during the last quarter. ACT Advisors LLC. grew its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% during the fourth quarter. ACT Advisors LLC. now owns 307,508 shares of the company’s stock worth $23,684,000 after buying an additional 10,245 shares during the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 38.8% during the fourth quarter. CoreCap Advisors LLC now owns 50,065 shares of the company’s stock worth $3,856,000 after buying an additional 13,998 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:AVEM opened at $92.43 on Wednesday. Avantis Emerging Markets Equity ETF has a 52-week low of $68.27 and a 52-week high of $100.83. The company has a market capitalization of $25.59 billion, a PE ratio of 12.66 and a beta of 0.73. The company has a fifty day moving average of $94.86 and a 200-day moving average of $87.58.

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.