Stewardship Advisors LLC Sells 7,930 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Stewardship Advisors LLC reduced its holdings in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 65.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,104 shares of the company’s stock after selling 7,930 shares during the quarter. Stewardship Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $247,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. D Orazio & Associates Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 39.0% during the 1st quarter. D Orazio & Associates Inc. now owns 34,637 shares of the company’s stock worth $2,084,000 after acquiring an additional 9,725 shares in the last quarter. ORBA Wealth Advisors L.L.C. grew its stake in shares of Avantis Emerging Markets Equity ETF by 11.9% during the 1st quarter. ORBA Wealth Advisors L.L.C. now owns 73,196 shares of the company’s stock worth $4,404,000 after acquiring an additional 7,800 shares in the last quarter. CogentBlue Wealth Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 46.3% during the 1st quarter. CogentBlue Wealth Advisors LLC now owns 5,523 shares of the company’s stock worth $332,000 after acquiring an additional 1,748 shares in the last quarter. Foster Victor Wealth Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $719,000. Finally, Lakeridge Wealth Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 3.4% during the 1st quarter. Lakeridge Wealth Management LLC now owns 15,939 shares of the company’s stock worth $959,000 after acquiring an additional 523 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 1.4%

Shares of AVEM opened at $67.19 on Monday. The stock has a market capitalization of $10.24 billion, a P/E ratio of 12.64 and a beta of 0.66. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $68.19. The company has a 50 day moving average of $62.34 and a 200-day moving average of $60.85.

Avantis Emerging Markets Equity ETF Company 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.