Lion Street Advisors LLC Buys 673 Shares of Avantis Emerging Markets Equity ETF $AVEM

Lion Street Advisors LLC increased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 7.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,322 shares of the company’s stock after buying an additional 673 shares during the quarter. Lion Street Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. POM Investment Strategies LLC bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $26,000. AdvisorNet Financial Inc lifted its position in shares of Avantis Emerging Markets Equity ETF by 213.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock worth $34,000 after buying an additional 335 shares during the period. South Plains Financial Inc. bought a new position in shares of Avantis Emerging Markets Equity ETF during the 1st quarter worth approximately $41,000. Clarity Asset Management Inc. lifted its position in shares of Avantis Emerging Markets Equity ETF by 31.5% during the 1st quarter. Clarity Asset Management Inc. now owns 752 shares of the company’s stock worth $45,000 after buying an additional 180 shares during the period. Finally, JFS Wealth Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 543.8% during the 1st quarter. JFS Wealth Advisors LLC now owns 824 shares of the company’s stock worth $50,000 after buying an additional 696 shares during the period.

Avantis Emerging Markets Equity ETF Price Performance

Avantis Emerging Markets Equity ETF stock opened at $73.09 on Monday. The company has a market capitalization of $13.24 billion, a PE ratio of 12.66 and a beta of 0.80. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $76.72. The business has a 50 day simple moving average of $72.98 and a 200 day simple moving average of $67.43.

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.