Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. cut its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 64.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 410 shares of the company’s stock after selling 745 shares during the period. Brown Brothers Harriman & Co.’s holdings in Avantis Emerging Markets Equity ETF were worth $26,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AVEM. O Shaughnessy Asset Management LLC acquired a new stake in Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $78,000. Atria Investments Inc lifted its stake in shares of Avantis Emerging Markets Equity ETF by 2.9% in the 1st quarter. Atria Investments Inc now owns 31,151 shares of the company’s stock worth $1,806,000 after acquiring an additional 884 shares during the period. Cetera Investment Advisers acquired a new stake in Avantis Emerging Markets Equity ETF in the first quarter worth approximately $3,258,000. First Hawaiian Bank boosted its stake in Avantis Emerging Markets Equity ETF by 380.3% during the second quarter. First Hawaiian Bank now owns 66,333 shares of the company’s stock valued at $4,052,000 after buying an additional 52,523 shares in the last quarter. Finally, Collective Family Office LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 1.7% during the 2nd quarter. Collective Family Office LLC now owns 82,551 shares of the company’s stock valued at $5,043,000 after purchasing an additional 1,398 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.1 %

Shares of NYSEARCA AVEM opened at $60.91 on Friday. The stock’s fifty day simple moving average is $63.13 and its 200 day simple moving average is $61.78. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 52-week low of $52.72 and a 52-week high of $66.31.

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.