Valley National Advisers Inc. Has $74,000 Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Valley National Advisers Inc. lowered its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 54.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,093 shares of the company’s stock after selling 1,316 shares during the period. Valley National Advisers Inc.’s holdings in Avantis Emerging Markets Equity ETF were worth $74,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Maseco LLP bought a new stake in shares of Avantis Emerging Markets Equity ETF in the 2nd quarter valued at $74,121,000. HB Wealth Management LLC grew its holdings in Avantis Emerging Markets Equity ETF by 5,090.0% in the first quarter. HB Wealth Management LLC now owns 1,088,701 shares of the company’s stock worth $65,507,000 after purchasing an additional 1,067,724 shares during the period. Jones Financial Companies Lllp increased its stake in Avantis Emerging Markets Equity ETF by 61.4% in the first quarter. Jones Financial Companies Lllp now owns 1,421,426 shares of the company’s stock valued at $85,854,000 after purchasing an additional 540,962 shares in the last quarter. Financial Counselors Inc. raised its holdings in shares of Avantis Emerging Markets Equity ETF by 368.1% during the first quarter. Financial Counselors Inc. now owns 654,500 shares of the company’s stock valued at $39,381,000 after purchasing an additional 514,673 shares during the period. Finally, Cresset Asset Management LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 123.3% during the first quarter. Cresset Asset Management LLC now owns 767,723 shares of the company’s stock valued at $46,194,000 after purchasing an additional 423,990 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Shares of AVEM opened at $76.49 on Tuesday. The stock has a 50-day moving average of $72.51 and a 200-day moving average of $67.05. The company has a market cap of $13.74 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $76.63.

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.