Stewardship Advisors LLC Buys 76,282 Shares of Avantis Emerging Markets Equity ETF $AVEM

Stewardship Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 66.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,200 shares of the company’s stock after acquiring an additional 76,282 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 3.7% of Stewardship Advisors LLC’s holdings, making the stock its 7th biggest holding. Stewardship Advisors LLC owned about 0.06% of Avantis Emerging Markets Equity ETF worth $17,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Baird Financial Group Inc. increased its position in shares of Avantis Emerging Markets Equity ETF by 135.1% during the second quarter. Baird Financial Group Inc. now owns 146,030 shares of the company’s stock valued at $14,090,000 after acquiring an additional 83,919 shares during the last quarter. Telos Capital Management Inc. lifted its holdings in Avantis Emerging Markets Equity ETF by 8.9% during the first quarter. Telos Capital Management Inc. now owns 80,940 shares of the company’s stock worth $6,522,000 after acquiring an additional 6,605 shares during the period. Cornerstone Wealth Group LLC bought a new stake in Avantis Emerging Markets Equity ETF during the first quarter worth $9,334,000. Independence Bank of Kentucky lifted its holdings in Avantis Emerging Markets Equity ETF by 39.3% during the second quarter. Independence Bank of Kentucky now owns 81,226 shares of the company’s stock worth $7,837,000 after acquiring an additional 22,913 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its position in Avantis Emerging Markets Equity ETF by 119.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 254,911 shares of the company’s stock worth $19,633,000 after purchasing an additional 138,694 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.3%

AVEM stock traded up $0.30 during midday trading on Tuesday, hitting $89.74. The company’s stock had a trading volume of 819,073 shares, compared to its average volume of 1,909,599. The stock has a market cap of $27.15 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. The stock’s 50-day moving average price is $94.09 and its 200 day moving average price is $92.70. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 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.