Avantis Emerging Markets Equity ETF $AVEM is Quantum Financial Advisors LLC’s 6th Largest Position

Quantum Financial Advisors LLC grew its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 339,002 shares of the company’s stock after acquiring an additional 18,308 shares during the period. Avantis Emerging Markets Equity ETF accounts for approximately 3.1% of Quantum Financial Advisors LLC’s portfolio, making the stock its 6th largest holding. Quantum Financial Advisors LLC owned 0.19% of Avantis Emerging Markets Equity ETF worth $25,462,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Modera Wealth Management LLC raised its position in shares of Avantis Emerging Markets Equity ETF by 0.7% in the second quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock worth $12,411,000 after buying an additional 1,234 shares in the last quarter. Royal Bank of Canada increased its position in shares of Avantis Emerging Markets Equity ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 290,593 shares of the company’s stock worth $17,485,000 after purchasing an additional 20,996 shares during the last quarter. Stone Summit Wealth LLC raised its stake in Avantis Emerging Markets Equity ETF by 2.8% in the second quarter. Stone Summit Wealth LLC now owns 34,371 shares of the company’s stock valued at $2,356,000 after purchasing an additional 935 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Avantis Emerging Markets Equity ETF by 27.3% during the second quarter. Janney Montgomery Scott LLC now owns 29,823 shares of the company’s stock valued at $2,044,000 after purchasing an additional 6,387 shares during the last quarter. Finally, XY Planning Network Inc. grew its stake in Avantis Emerging Markets Equity ETF by 89.7% in the 2nd quarter. XY Planning Network Inc. now owns 7,745 shares of the company’s stock worth $531,000 after buying an additional 3,663 shares in the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:AVEM opened at $74.16 on Thursday. Avantis Emerging Markets Equity ETF has a one year low of $52.52 and a one year high of $78.76. The firm has a market capitalization of $13.76 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68. The company’s fifty day moving average price is $76.59 and its 200-day moving average price is $72.79.

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.