Signet Financial Management LLC Reduces Stock Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Signet Financial Management LLC decreased its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 0.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 135,655 shares of the company’s stock after selling 783 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 1.0% of Signet Financial Management LLC’s holdings, making the stock its 23rd largest position. Signet Financial Management LLC owned 0.15% of Avantis Emerging Markets Equity ETF worth $7,975,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Annex Advisory Services LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF by 13.8% during the third quarter. Annex Advisory Services LLC now owns 2,539,099 shares of the company’s stock valued at $164,026,000 after buying an additional 307,011 shares during the period. Haverford Trust Co raised its holdings in Avantis Emerging Markets Equity ETF by 0.6% in the 3rd quarter. Haverford Trust Co now owns 2,248,631 shares of the company’s stock valued at $145,262,000 after acquiring an additional 13,301 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 31.1% during the third quarter. Cerity Partners LLC now owns 2,134,443 shares of the company’s stock worth $137,885,000 after purchasing an additional 506,778 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% during the third quarter. HighTower Advisors LLC now owns 1,759,332 shares of the company’s stock worth $113,638,000 after purchasing an additional 4,738 shares during the last quarter. Finally, Jane Street Group LLC grew its position in shares of 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 valued at $91,816,000 after purchasing an additional 1,125,300 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

NYSEARCA AVEM traded down $0.49 during trading hours on Monday, hitting $57.11. 793,241 shares of the company’s stock were exchanged, compared to its average volume of 491,606. The business’s 50 day moving average is $60.70 and its 200-day moving average is $61.53. Avantis Emerging Markets Equity ETF has a 12-month low of $52.72 and a 12-month high of $66.31. The firm has a market capitalization of $5.11 billion, a P/E ratio of 9.91 and a beta of 0.88.

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.