Stewardship Advisors LLC Has $707,000 Position in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Stewardship Advisors LLC cut its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 13.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,034 shares of the company’s stock after selling 1,938 shares during the quarter. Stewardship Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $707,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Dynamic Advisor Solutions LLC lifted its stake in Avantis Emerging Markets Equity ETF by 7.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 208,090 shares of the company’s stock valued at $12,234,000 after buying an additional 13,667 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Avantis Emerging Markets Equity ETF by 38.3% during the fourth quarter. Fifth Third Bancorp now owns 402,540 shares of the company’s stock worth $23,665,000 after acquiring an additional 111,557 shares during the period. PCG Wealth Advisors LLC lifted its position in Avantis Emerging Markets Equity ETF by 2.4% in the 4th quarter. PCG Wealth Advisors LLC now owns 11,985 shares of the company’s stock valued at $705,000 after acquiring an additional 285 shares in the last quarter. Gradient Investments LLC boosted its stake in Avantis Emerging Markets Equity ETF by 4.7% in the 4th quarter. Gradient Investments LLC now owns 592,175 shares of the company’s stock worth $34,814,000 after purchasing an additional 26,509 shares during the period. Finally, Exchange Traded Concepts LLC bought a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth about $12,249,000.

Avantis Emerging Markets Equity ETF Price Performance

Shares of Avantis Emerging Markets Equity ETF stock opened at $59.84 on Friday. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. The stock’s 50-day moving average is $60.04 and its 200-day moving average is $61.33. Avantis Emerging Markets Equity ETF has a one year low of $54.33 and a one year high of $66.31.

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.