Torren Management LLC Has $10.17 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Torren Management LLC trimmed its position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 12.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 126,171 shares of the company’s stock after selling 17,927 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 5.1% of Torren Management LLC’s holdings, making the stock its 7th largest holding. Torren Management LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $10,167,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IFP Advisors Inc raised its holdings in shares of Avantis Emerging Markets Equity ETF by 0.4% in the fourth quarter. IFP Advisors Inc now owns 28,429 shares of the company’s stock valued at $2,190,000 after acquiring an additional 120 shares in the last quarter. Investmark Advisory Group LLC lifted its stake in Avantis Emerging Markets Equity ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 6,712 shares of the company’s stock worth $517,000 after acquiring an additional 121 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after acquiring an additional 130 shares in the last quarter. Hardin Capital Partners LLC grew its holdings in Avantis Emerging Markets Equity ETF by 1.0% during the 4th quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after acquiring an additional 135 shares in the last quarter. Finally, BLVD Private Wealth LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.6% during the 4th quarter. BLVD Private Wealth LLC now owns 22,285 shares of the company’s stock worth $1,716,000 after acquiring an additional 140 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM traded up $0.17 during trading on Friday, reaching $94.14. 2,671,141 shares of the company’s stock traded hands, compared to its average volume of 2,012,466. Avantis Emerging Markets Equity ETF has a 12-month low of $68.27 and a 12-month high of $100.83. The firm has a market cap of $25.83 billion, a price-to-earnings ratio of 12.66 and a beta of 0.73. The company’s 50 day simple moving average is $94.85 and its two-hundred day simple moving average is $87.30.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.