Brookstone Capital Management Has $4.93 Million Position in Avantis Emerging Markets Equity ETF $AVEM

Brookstone Capital Management raised its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 14.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 65,649 shares of the company’s stock after acquiring an additional 8,135 shares during the quarter. Brookstone Capital Management’s holdings in Avantis Emerging Markets Equity ETF were worth $4,931,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its holdings in shares of Avantis Emerging Markets Equity ETF by 2,366.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 370 shares of the company’s stock worth $25,000 after purchasing an additional 355 shares in the last quarter. AdvisorNet Financial Inc raised its position in shares of Avantis Emerging Markets Equity ETF by 213.4% in the second quarter. AdvisorNet Financial Inc now owns 492 shares of the company’s stock valued at $34,000 after purchasing an additional 335 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new stake in Avantis Emerging Markets Equity ETF during the 2nd quarter worth about $69,000. South Plains Financial Inc. grew its position in shares of Avantis Emerging Markets Equity ETF by 61.2% during the 2nd quarter. South Plains Financial Inc. now owns 1,098 shares of the company’s stock valued at $75,000 after purchasing an additional 417 shares in the last quarter. Finally, Clarity Asset Management Inc. grew its stake in Avantis Emerging Markets Equity ETF by 66.6% in the 2nd quarter. Clarity Asset Management Inc. now owns 1,253 shares of the company’s stock worth $86,000 after buying an additional 501 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.6%

AVEM opened at $77.30 on Friday. The stock has a market cap of $14.34 billion, a PE ratio of 12.66 and a beta of 0.68. Avantis Emerging Markets Equity ETF has a 52 week low of $52.52 and a 52 week high of $78.76. The business’s fifty day simple moving average is $76.76 and its 200 day simple moving average is $73.25.

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.