ShoreHaven Wealth Partners LLC Sells 20,047 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

ShoreHaven Wealth Partners LLC cut its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 77.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,798 shares of the company’s stock after selling 20,047 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $341,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Iron Horse Wealth Management LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at about $28,000. Northwest Investment Counselors LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $37,000. Brown Lisle Cummings Inc. bought a new position in Avantis Emerging Markets Equity ETF in the third quarter worth $82,000. FMR LLC boosted its stake in Avantis Emerging Markets Equity ETF by 223.6% during the third quarter. FMR LLC now owns 2,016 shares of the company’s stock worth $130,000 after buying an additional 1,393 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Avantis Emerging Markets Equity ETF in the 3rd quarter valued at $144,000.

Avantis Emerging Markets Equity ETF Stock Up 0.6 %

NYSEARCA:AVEM opened at $60.87 on Friday. The firm has a 50-day moving average price of $59.64 and a 200 day moving average price of $61.13. The firm has a market capitalization of $5.45 billion, a PE ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a 12-month low of $55.65 and a 12-month 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.