104,579 Shares in Avantis Emerging Markets Equity ETF $AVEM Acquired by True North Advisors LLC

True North Advisors LLC bought a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 104,579 shares of the company’s stock, valued at approximately $8,427,000. Avantis Emerging Markets Equity ETF comprises about 1.0% of True North Advisors LLC’s portfolio, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AVEM. Winch Advisory Services LLC acquired a new position in shares of Avantis Emerging Markets Equity ETF during the first quarter worth $26,000. Rothschild Investment LLC increased its holdings in Avantis Emerging Markets Equity ETF by 192.7% in the fourth quarter. Rothschild Investment LLC now owns 439 shares of the company’s stock valued at $34,000 after purchasing an additional 289 shares during the period. MidAtlantic Capital Management Inc. bought a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth $36,000. Team Financial Group LLC raised its position in Avantis Emerging Markets Equity ETF by 184.2% during the 4th quarter. Team Financial Group LLC now owns 557 shares of the company’s stock worth $43,000 after purchasing an additional 361 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in Avantis Emerging Markets Equity ETF by 49.5% during the 4th quarter. Hantz Financial Services Inc. now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 183 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Down 1.3%

NYSEARCA AVEM opened at $89.26 on Friday. The business’s 50-day moving average price is $94.61 and its two-hundred day moving average price is $87.79. Avantis Emerging Markets Equity ETF has a 12 month low of $68.27 and a 12 month high of $100.83. The firm has a market capitalization of $24.86 billion, a PE ratio of 12.66 and a beta of 0.73.

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.