Carlson Capital Management Sells 6,746 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Carlson Capital Management lessened its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 10.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,676 shares of the company’s stock after selling 6,746 shares during the period. Avantis Emerging Markets Equity ETF comprises 0.2% of Carlson Capital Management’s portfolio, making the stock its 25th largest holding. Carlson Capital Management owned about 0.07% of Avantis Emerging Markets Equity ETF worth $3,920,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sterneck Capital Management LLC lifted its position in Avantis Emerging Markets Equity ETF by 17.6% in the 3rd quarter. Sterneck Capital Management LLC now owns 51,648 shares of the company’s stock valued at $3,336,000 after acquiring an additional 7,737 shares in the last quarter. Annandale Capital LLC lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 33.8% during the second quarter. Annandale Capital LLC now owns 62,899 shares of the company’s stock valued at $3,842,000 after purchasing an additional 15,876 shares in the last quarter. Raymond James & Associates boosted its position in shares of Avantis Emerging Markets Equity ETF by 123.1% during the third quarter. Raymond James & Associates now owns 190,732 shares of the company’s stock valued at $12,321,000 after buying an additional 105,243 shares during the last quarter. DBK Financial Counsel LLC increased its holdings in Avantis Emerging Markets Equity ETF by 3.0% in the 3rd quarter. DBK Financial Counsel LLC now owns 10,178 shares of the company’s stock worth $657,000 after buying an additional 300 shares in the last quarter. Finally, Certified Advisory Corp increased its holdings in Avantis Emerging Markets Equity ETF by 17.7% in the 2nd quarter. Certified Advisory Corp now owns 85,619 shares of the company’s stock worth $5,230,000 after buying an additional 12,897 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 0.6 %

Shares of NYSEARCA AVEM traded down $0.37 during trading on Tuesday, reaching $60.80. 25,847 shares of the company traded hands, compared to its average volume of 387,991. The firm has a 50 day simple moving average of $63.15 and a 200-day simple moving average of $61.79. Avantis Emerging Markets Equity ETF has a 52-week low of $52.72 and a 52-week high of $66.31. The stock has a market capitalization of $5.44 billion, a PE ratio of 9.91 and a beta of 0.88.

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.