Avantis Emerging Markets Equity ETF $AVEM Stock Purchased by 55 North Private Wealth LLC

55 North Private Wealth LLC boosted its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 146,479 shares of the company’s stock after buying an additional 14,845 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 2.6% of 55 North Private Wealth LLC’s portfolio, making the stock its 7th largest position. 55 North Private Wealth LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $13,772,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE raised its position in shares of Avantis Emerging Markets Equity ETF by 45.1% in the 1st quarter. Bank of America Corp DE now owns 28,676,652 shares of the company’s stock worth $2,310,765,000 after acquiring an additional 8,908,264 shares in the last quarter. Annex Advisory Services LLC bought a new stake in shares of Avantis Emerging Markets Equity ETF during the third quarter valued at approximately $157,364,000. Maseco LLP bought a new stake in shares of Avantis Emerging Markets Equity ETF during the first quarter valued at approximately $93,504,000. Parallel Advisors LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 1,654.5% during the first quarter. Parallel Advisors LLC now owns 760,155 shares of the company’s stock valued at $61,253,000 after purchasing an additional 716,830 shares in the last quarter. Finally, Atwood & Palmer Inc. purchased a new stake in Avantis Emerging Markets Equity ETF in the third quarter worth $64,229,000.

Avantis Emerging Markets Equity ETF Trading Up 0.2%

AVEM traded up $0.14 during trading on Tuesday, reaching $89.58. The stock had a trading volume of 741,141 shares, compared to its average volume of 1,909,157. The stock’s 50 day moving average is $94.09 and its two-hundred day moving average is $92.70. The company has a market capitalization of $27.10 billion, a price-to-earnings ratio of 12.66 and a beta of 0.75. Avantis Emerging Markets Equity ETF has a one year low of $73.79 and a one year high of $100.83.

Avantis Emerging Markets Equity ETF Company 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.