Orion Capital Management LLC Sells 921 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Orion Capital Management LLC lowered its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,928 shares of the company’s stock after selling 921 shares during the period. Orion Capital Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $616,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 1.4% in the third quarter. Commonwealth Equity Services LLC now owns 130,302 shares of the company’s stock valued at $6,879,000 after purchasing an additional 1,794 shares in the last quarter. Raymond James & Associates acquired a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter valued at approximately $1,992,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 13.2% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 101,266 shares of the company’s stock valued at $5,346,000 after purchasing an additional 11,847 shares in the last quarter. Canvas Wealth Advisors LLC increased its holdings in shares of Avantis Emerging Markets Equity ETF by 6.6% in the third quarter. Canvas Wealth Advisors LLC now owns 21,128 shares of the company’s stock valued at $1,085,000 after purchasing an additional 1,317 shares in the last quarter. Finally, Foster & Motley Inc. increased its holdings in shares of Avantis Emerging Markets Equity ETF by 2.4% in the third quarter. Foster & Motley Inc. now owns 566,429 shares of the company’s stock valued at $29,902,000 after purchasing an additional 13,180 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.8 %

Shares of Avantis Emerging Markets Equity ETF stock traded up $0.46 during midday trading on Wednesday, reaching $58.89. The company had a trading volume of 197,538 shares, compared to its average volume of 343,617. The stock has a fifty day simple moving average of $57.78 and a 200 day simple moving average of $55.67. Avantis Emerging Markets Equity ETF has a 1-year low of $50.65 and a 1-year high of $59.40. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 9.46 and a beta of 0.80.

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.