Hill Investment Group Partners LLC Sells 1,327 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Hill Investment Group Partners LLC lowered its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 171,686 shares of the company’s stock after selling 1,327 shares during the period. Avantis Emerging Markets Equity ETF accounts for 1.7% of Hill Investment Group Partners LLC’s portfolio, making the stock its 13th largest position. Hill Investment Group Partners LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $9,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of AVEM. WealthShield Partners LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $29,000. NewEdge Advisors LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $29,000. Harbour Investments Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 2,404.3% in the fourth quarter. Harbour Investments Inc. now owns 576 shares of the company’s stock valued at $29,000 after purchasing an additional 553 shares in the last quarter. Finally, Ronald Blue Trust Inc. acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter valued at approximately $30,000.

Avantis Emerging Markets Equity ETF Stock Performance

AVEM traded up $0.64 during trading on Monday, reaching $55.43. 81,097 shares of the company’s stock were exchanged, compared to its average volume of 300,285. The company’s fifty day moving average price is $52.90 and its 200-day moving average price is $53.65. Avantis Emerging Markets Equity ETF has a fifty-two week low of $49.37 and a fifty-two week high of $57.31. The firm has a market capitalization of $3.75 billion, a PE ratio of 7.73 and a beta of 0.80.

About Avantis Emerging Markets Equity ETF

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.