75,229 Shares of Avantis Emerging Markets Equity ETF $AVEM Acquired by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 75,229 shares of the company’s stock, valued at approximately $7,073,000. Avantis Emerging Markets Equity ETF makes up about 2.4% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors also recently modified their holdings of the company. Winch Advisory Services LLC purchased a new stake in Avantis Emerging Markets Equity ETF in the first quarter valued at approximately $26,000. JFS Wealth Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF by 67.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock worth $27,000 after buying an additional 111 shares in the last quarter. Glenmede Trust Co. NA purchased a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth approximately $31,000. Investors Research Corp purchased a new position in Avantis Emerging Markets Equity ETF in the 3rd quarter worth approximately $39,000. Finally, First Community Trust NA increased its holdings in shares of Avantis Emerging Markets Equity ETF by 136.9% in the 2nd quarter. First Community Trust NA now owns 443 shares of the company’s stock worth $43,000 after buying an additional 256 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $92.82 on Wednesday. The company’s fifty day moving average price is $94.26 and its 200-day moving average price is $92.39. The firm has a market capitalization of $28.06 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83.

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