Avantis Emerging Markets Equity ETF $AVEM Holdings Boosted by Stewardship Advisors LLC

Stewardship Advisors LLC lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 66.4% during the third quarter, HoldingsChannel.com reports. The firm owned 191,200 shares of the company’s stock after purchasing an additional 76,282 shares during the quarter. Avantis Emerging Markets Equity ETF makes up 3.7% of Stewardship Advisors LLC’s portfolio, making the stock its 7th largest position. Stewardship Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $17,977,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after purchasing an additional 8,908,264 shares during the period. Annex Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at about $157,364,000. Maseco LLP bought a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at about $93,504,000. Parallel Advisors LLC increased its position in shares of Avantis Emerging Markets Equity ETF by 1,654.5% during the first quarter. Parallel Advisors LLC now owns 760,155 shares of the company’s stock valued at $61,253,000 after buying an additional 716,830 shares during the period. Finally, Atwood & Palmer Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the third quarter worth about $64,229,000.

Avantis Emerging Markets Equity ETF Trading Up 0.3%

Shares of Avantis Emerging Markets Equity ETF stock traded up $0.30 on Tuesday, reaching $89.74. The stock had a trading volume of 819,073 shares, compared to its average volume of 1,909,599. The business’s 50 day moving average is $94.09 and its two-hundred day moving average is $92.70. Avantis Emerging Markets Equity ETF has a 1 year low of $73.79 and a 1 year high of $100.83. The company has a market cap of $27.15 billion, a P/E ratio of 12.66 and a beta of 0.75.

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.