Versant Capital Management Inc Has $26.86 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Versant Capital Management Inc reduced its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 391,938 shares of the company’s stock after selling 9,584 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 4.1% of Versant Capital Management Inc’s investment portfolio, making the stock its 2nd biggest holding. Versant Capital Management Inc owned approximately 0.25% of Avantis Emerging Markets Equity ETF worth $26,863,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC bought a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at about $1,410,000. Royal Bank of Canada boosted its stake in Avantis Emerging Markets Equity ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock valued at $17,485,000 after acquiring an additional 20,996 shares during the period. Brown Advisory Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $426,000. D Orazio & Associates Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 39.0% in the first quarter. D Orazio & Associates Inc. now owns 34,637 shares of the company’s stock valued at $2,084,000 after acquiring an additional 9,725 shares during the period. Finally, CogentBlue Wealth Advisors LLC boosted its stake in Avantis Emerging Markets Equity ETF by 46.3% in the first quarter. CogentBlue Wealth Advisors LLC now owns 5,523 shares of the company’s stock valued at $332,000 after acquiring an additional 1,748 shares during the period.

Avantis Emerging Markets Equity ETF Stock Down 0.1%

Shares of AVEM stock opened at $74.34 on Friday. The business has a 50 day moving average of $70.73 and a two-hundred day moving average of $65.40. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $74.54. The company has a market cap of $12.18 billion, a P/E ratio of 12.66 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.