Thrivent Financial for Lutherans Sells 394 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Thrivent Financial for Lutherans decreased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 13,283 shares of the company’s stock after selling 394 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Avantis Emerging Markets Equity ETF were worth $830,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AVEM. Strategic Financial Concepts LLC raised its position in Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares during the last quarter. Savant Capital LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF by 7.6% during the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after acquiring an additional 1,172,561 shares in the last quarter. Jane Street Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 380.2% in the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock worth $91,816,000 after acquiring an additional 1,125,300 shares during the period. MML Investors Services LLC lifted its stake in Avantis Emerging Markets Equity ETF by 270.3% in the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after acquiring an additional 687,056 shares during the period. Finally, Merit Financial Group LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 486.2% in the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after acquiring an additional 591,800 shares in the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.2 %

NYSEARCA:AVEM opened at $60.71 on Thursday. The company has a 50-day moving average price of $60.56 and a 200-day moving average price of $61.28. The stock has a market cap of $7.83 billion, a price-to-earnings ratio of 12.56 and a beta of 0.67. 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.