Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Stock Position Decreased by Truist Financial Corp

Truist Financial Corp decreased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 6.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,384 shares of the company’s stock after selling 316 shares during the quarter. Truist Financial Corp’s holdings in Avantis Emerging Markets Equity ETF were worth $268,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in AVEM. Gleason Group Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter worth about $33,000. CVA Family Office LLC lifted its holdings in Avantis Emerging Markets Equity ETF by 59.7% in the 2nd quarter. CVA Family Office LLC now owns 559 shares of the company’s stock worth $34,000 after purchasing an additional 209 shares during the last quarter. Bessemer Group Inc. bought a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth approximately $69,000. O Shaughnessy Asset Management LLC bought a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth approximately $78,000. Finally, Mather Group LLC. acquired a new position in Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $89,000.

Avantis Emerging Markets Equity ETF Trading Up 0.8 %

Shares of Avantis Emerging Markets Equity ETF stock opened at $64.37 on Friday. The firm has a fifty day simple moving average of $62.40 and a 200-day simple moving average of $61.05. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 1-year low of $50.65 and a 1-year high of $66.31.

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.