55 North Private Wealth LLC Purchases Shares of 91,855 Avantis Emerging Markets Equity ETF $AVEM

55 North Private Wealth LLC purchased a new stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 91,855 shares of the company’s stock, valued at approximately $7,075,000. Avantis Emerging Markets Equity ETF accounts for 1.9% of 55 North Private Wealth LLC’s portfolio, making the stock its 8th largest holding.

A number of other large investors have also recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 43,758 shares of the company’s stock worth $3,370,000 after purchasing an additional 130 shares during the last quarter. Fortress Financial Solutions LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 2.6% during the third quarter. Fortress Financial Solutions LLC now owns 5,145 shares of the company’s stock worth $386,000 after purchasing an additional 131 shares during the last quarter. Hardin Capital Partners LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 1.0% during the fourth quarter. Hardin Capital Partners LLC now owns 13,713 shares of the company’s stock worth $1,056,000 after purchasing an additional 135 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of Avantis Emerging Markets Equity ETF by 2.2% during the third quarter. J.W. Cole Advisors Inc. now owns 6,516 shares of the company’s stock worth $489,000 after purchasing an additional 139 shares during the last quarter. Finally, Pathstone Holdings LLC grew its holdings in shares of Avantis Emerging Markets Equity ETF by 0.7% during the third quarter. Pathstone Holdings LLC now owns 22,116 shares of the company’s stock worth $1,661,000 after purchasing an additional 144 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM stock opened at $89.91 on Monday. The stock’s fifty day moving average is $84.12 and its 200-day moving average is $80.21. The stock has a market capitalization of $22.91 billion, a PE ratio of 12.66 and a beta of 0.67. Avantis Emerging Markets Equity ETF has a 52 week low of $57.63 and a 52 week high of $90.69.

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.