Lam Group Inc. Sells 1,740 Shares of Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE)

Lam Group Inc. decreased its holdings in Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) by 18.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,945 shares of the company’s stock after selling 1,740 shares during the quarter. Lam Group Inc. owned approximately 3.18% of Avantis Emerging Markets Small Cap Equity ETF worth $423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of AVEE. Efficient Frontier Advisors LLC acquired a new position in Avantis Emerging Markets Small Cap Equity ETF during the 3rd quarter worth about $227,000. Index Fund Advisors Inc. bought a new position in shares of Avantis Emerging Markets Small Cap Equity ETF during the third quarter worth about $243,000. Ariadne Wealth Management LP acquired a new position in shares of Avantis Emerging Markets Small Cap Equity ETF in the second quarter worth approximately $618,000. Mills Wealth Advisors LLC boosted its holdings in Avantis Emerging Markets Small Cap Equity ETF by 18.1% in the third quarter. Mills Wealth Advisors LLC now owns 12,637 shares of the company’s stock valued at $744,000 after acquiring an additional 1,941 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Avantis Emerging Markets Small Cap Equity ETF by 27.3% during the 3rd quarter. Jane Street Group LLC now owns 14,526 shares of the company’s stock valued at $855,000 after purchasing an additional 3,116 shares during the period.

Avantis Emerging Markets Small Cap Equity ETF Stock Performance

Shares of NYSEARCA AVEE opened at $52.54 on Tuesday. The company’s 50 day moving average price is $54.50 and its 200-day moving average price is $55.66. Avantis Emerging Markets Small Cap Equity ETF has a 52-week low of $49.96 and a 52-week high of $60.08. The company has a market capitalization of $13.14 million, a P/E ratio of 11.13 and a beta of 0.66.

About Avantis Emerging Markets Small Cap Equity ETF

The Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap companies in the emerging market equity space, selected based on fundamental criteria.