Northland Capital Management LLC Has $2.19 Million Stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Northland Capital Management LLC grew its stake in Avantis Emerging Markets Value ETF (NYSEARCA:AVES) by 1.3% during the first quarter, Holdings Channel reports. The firm owned 46,274 shares of the company’s stock after purchasing an additional 602 shares during the period. Avantis Emerging Markets Value ETF makes up approximately 1.5% of Northland Capital Management LLC’s portfolio, making the stock its 19th largest position. Northland Capital Management LLC’s holdings in Avantis Emerging Markets Value ETF were worth $2,193,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AVES. American Century Companies Inc. raised its stake in shares of Avantis Emerging Markets Value ETF by 53.4% in the third quarter. American Century Companies Inc. now owns 283,294 shares of the company’s stock valued at $12,306,000 after buying an additional 98,655 shares during the period. MB Generational Wealth LLC bought a new position in Avantis Emerging Markets Value ETF during the fourth quarter worth about $2,970,000. Fidelity D & D Bancorp Inc. bought a new position in Avantis Emerging Markets Value ETF during the third quarter worth about $2,590,000. Enzi Wealth purchased a new position in shares of Avantis Emerging Markets Value ETF in the fourth quarter worth about $2,324,000. Finally, Callan Capital LLC bought a new stake in shares of Avantis Emerging Markets Value ETF in the fourth quarter valued at approximately $1,815,000.

Avantis Emerging Markets Value ETF Trading Up 1.3 %

Shares of AVES stock traded up $0.63 during trading on Wednesday, reaching $49.64. 14,487 shares of the company’s stock traded hands, compared to its average volume of 52,158. Avantis Emerging Markets Value ETF has a 1 year low of $41.50 and a 1 year high of $50.69. The company has a market capitalization of $470.59 million, a P/E ratio of 8.07 and a beta of 0.79. The firm’s 50-day moving average is $49.09 and its 200 day moving average is $47.20.

Avantis Emerging Markets Value ETF Profile

The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.