Avantis Emerging Markets Equity ETF $AVEM Position Reduced by Buttonwood Financial Group LLC

Buttonwood Financial Group LLC decreased its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 211,484 shares of the company’s stock after selling 37,604 shares during the period. Avantis Emerging Markets Equity ETF comprises approximately 11.8% of Buttonwood Financial Group LLC’s holdings, making the stock its 3rd largest position. Buttonwood Financial Group LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $20,406,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AVEM. Winch Advisory Services LLC bought a new position in Avantis Emerging Markets Equity ETF in the 1st quarter worth about $26,000. JFS Wealth Advisors LLC raised its stake in shares of Avantis Emerging Markets Equity ETF by 67.3% during the second quarter. JFS Wealth Advisors LLC now owns 276 shares of the company’s stock valued at $27,000 after acquiring an additional 111 shares in the last quarter. Glenmede Trust Co. NA bought a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $31,000. Rothschild Investment LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after purchasing an additional 289 shares during the period. Finally, MidAtlantic Capital Management Inc. purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the fourth quarter valued at approximately $36,000.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

Shares of NYSEARCA:AVEM opened at $94.81 on Thursday. Avantis Emerging Markets Equity ETF has a 52-week low of $70.69 and a 52-week high of $100.83. The stock has a market cap of $26.98 billion, a P/E ratio of 12.66 and a beta of 0.74. The business’s 50 day moving average is $92.53 and its 200 day moving average is $90.23.

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.