Quantum Financial Advisors LLC Buys 20,029 Shares of Avantis Emerging Markets Equity ETF $AVEM

Quantum Financial Advisors LLC grew its stake in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 359,031 shares of the company’s stock after buying an additional 20,029 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for approximately 2.7% of Quantum Financial Advisors LLC’s portfolio, making the stock its 7th biggest position. Quantum Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $27,653,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Group Inc. increased its stake in shares of Avantis Emerging Markets Equity ETF by 21.0% during the fourth quarter. Harbor Group Inc. now owns 46,609 shares of the company’s stock worth $3,590,000 after buying an additional 8,092 shares during the period. Rialto Wealth Management LLC lifted its stake in Avantis Emerging Markets Equity ETF by 27.4% in the fourth quarter. Rialto Wealth Management LLC now owns 26,774 shares of the company’s stock worth $2,062,000 after acquiring an additional 5,759 shares during the last quarter. Atlas Brown Inc. grew its holdings in Avantis Emerging Markets Equity ETF by 10.1% during the 4th quarter. Atlas Brown Inc. now owns 14,371 shares of the company’s stock worth $1,107,000 after acquiring an additional 1,320 shares in the last quarter. Friday Financial grew its holdings in Avantis Emerging Markets Equity ETF by 21.5% during the 4th quarter. Friday Financial now owns 12,272 shares of the company’s stock worth $945,000 after acquiring an additional 2,175 shares in the last quarter. Finally, Breakwater Capital Group increased its position in shares of Avantis Emerging Markets Equity ETF by 14.8% in the 4th quarter. Breakwater Capital Group now owns 52,518 shares of the company’s stock valued at $4,045,000 after purchasing an additional 6,774 shares during the last quarter.

Avantis Emerging Markets Equity ETF Trading Up 3.0%

Shares of AVEM opened at $81.38 on Tuesday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $89.75. The firm’s fifty day simple moving average is $83.94 and its 200-day simple moving average is $79.05. The firm has a market capitalization of $17.98 billion, a price-to-earnings ratio of 12.66 and a beta of 0.68.

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.