Avantis Emerging Markets Equity ETF $AVEM Shares Acquired by Stewardship Advisors LLC

Stewardship Advisors LLC raised its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5,113.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 200,569 shares of the company’s stock after acquiring an additional 196,722 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 3.7% of Stewardship Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Stewardship Advisors LLC owned about 0.08% of Avantis Emerging Markets Equity ETF worth $16,162,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AVEM. Clark Asset Management LLC acquired a new stake in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth about $233,000. Brookstone Capital Management boosted its holdings in Avantis Emerging Markets Equity ETF by 4.3% in the first quarter. Brookstone Capital Management now owns 69,493 shares of the company’s stock valued at $5,600,000 after purchasing an additional 2,889 shares in the last quarter. Balboa Wealth Partners boosted its holdings in Avantis Emerging Markets Equity ETF by 40.8% in the first quarter. Balboa Wealth Partners now owns 18,287 shares of the company’s stock valued at $1,474,000 after purchasing an additional 5,298 shares in the last quarter. Kavar Capital Partners Group LLC increased its stake in Avantis Emerging Markets Equity ETF by 1.9% in the first quarter. Kavar Capital Partners Group LLC now owns 175,859 shares of the company’s stock valued at $14,171,000 after purchasing an additional 3,322 shares during the last quarter. Finally, Freedom Financial Partners LLC increased its stake in Avantis Emerging Markets Equity ETF by 2.8% in the first quarter. Freedom Financial Partners LLC now owns 132,570 shares of the company’s stock valued at $10,682,000 after purchasing an additional 3,646 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 0.5%

AVEM stock opened at $100.18 on Tuesday. The stock has a market cap of $26.13 billion, a P/E ratio of 12.66 and a beta of 0.73. Avantis Emerging Markets Equity ETF has a twelve month low of $66.19 and a twelve month high of $100.83. The company’s 50 day moving average is $93.24 and its two-hundred day moving average is $85.62.

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