Avantis Emerging Markets Equity ETF $AVEM Position Raised by 55 North Private Wealth LLC

55 North Private Wealth LLC boosted its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.3% during the third quarter, Holdings Channel.com reports. The firm owned 146,479 shares of the company’s stock after acquiring an additional 14,845 shares during the quarter. Avantis Emerging Markets Equity ETF comprises about 2.6% of 55 North Private Wealth LLC’s portfolio, making the stock its 7th largest holding. 55 North Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,772,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JFS Wealth Advisors LLC lifted its holdings 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 purchasing an additional 111 shares during the last quarter. Hardin Capital Partners LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.8% in the 3rd quarter. Hardin Capital Partners LLC now owns 15,062 shares of the company’s stock worth $1,416,000 after buying an additional 123 shares during the last quarter. Mainsail Asset Management LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 6.1% in the 3rd quarter. Mainsail Asset Management LLC now owns 3,210 shares of the company’s stock worth $309,000 after buying an additional 184 shares during the last quarter. Columbia Advisory Partners LLC grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.7% in the 3rd quarter. Columbia Advisory Partners LLC now owns 28,120 shares of the company’s stock worth $2,644,000 after buying an additional 184 shares during the last quarter. Finally, Armbruster Capital Management Inc. grew its stake in shares of Avantis Emerging Markets Equity ETF by 0.4% in the 1st quarter. Armbruster Capital Management Inc. now owns 51,015 shares of the company’s stock worth $4,111,000 after buying an additional 195 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

AVEM stock traded up $0.14 on Tuesday, reaching $89.58. 741,141 shares of the company traded hands, compared to its average volume of 1,909,157. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83. The company has a market cap of $27.10 billion, a P/E ratio of 12.66 and a beta of 0.75. The firm has a fifty day simple moving average of $94.09 and a 200-day simple moving average of $92.70.

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.