Quantum Financial Advisors LLC Has $25.46 Million Stock Position in Avantis Emerging Markets Equity ETF $AVEM

Quantum Financial Advisors LLC increased its holdings in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 339,002 shares of the company’s stock after purchasing an additional 18,308 shares during the quarter. Avantis Emerging Markets Equity ETF accounts for 3.1% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Quantum Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $25,462,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Modera Wealth Management LLC grew its holdings in Avantis Emerging Markets Equity ETF by 0.7% in the 2nd quarter. Modera Wealth Management LLC now owns 181,076 shares of the company’s stock worth $12,411,000 after acquiring an additional 1,234 shares during the last quarter. Royal Bank of Canada raised its holdings in Avantis Emerging Markets Equity ETF by 7.8% in the 1st 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 in the last quarter. Stone Summit Wealth LLC boosted its stake in shares of Avantis Emerging Markets Equity ETF by 2.8% during the 2nd 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 increased its position in shares of 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 buying an additional 6,387 shares during the period. Finally, XY Planning Network Inc. raised its stake in Avantis Emerging Markets Equity ETF by 89.7% in the second 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 Stock Down 0.9%

NYSEARCA AVEM opened at $74.16 on Thursday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $78.76. The firm has a market capitalization of $13.76 billion, a PE ratio of 12.66 and a beta of 0.68. The stock’s 50 day moving average is $76.59 and its 200 day moving average is $72.79.

About Avantis Emerging Markets Equity ETF

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.