Buttonwood Financial Group LLC Has $20.41 Million Stock Holdings in Avantis Emerging Markets Equity ETF $AVEM

Buttonwood Financial Group LLC cut its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 15.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 211,484 shares of the company’s stock after selling 37,604 shares during the period. Avantis Emerging Markets Equity ETF makes up 11.8% of Buttonwood Financial Group LLC’s portfolio, making the stock its 3rd largest holding. Buttonwood Financial Group LLC owned about 0.07% of Avantis Emerging Markets Equity ETF worth $20,406,000 at the end of the most recent quarter.

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

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $94.81 on Thursday. Avantis Emerging Markets Equity ETF has a fifty-two week low of $70.69 and a fifty-two week high of $100.83. The company has a market cap of $26.98 billion, a price-to-earnings ratio of 12.66 and a beta of 0.74. The business’s 50 day moving average price is $92.53 and its 200-day moving average price is $90.23.

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.