Quantum Financial Advisors LLC Buys 32,011 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Quantum Financial Advisors LLC lifted its position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 11.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 307,890 shares of the company’s stock after purchasing an additional 32,011 shares during the quarter. Avantis Emerging Markets Equity ETF makes up about 2.8% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 9th largest position. Quantum Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $18,526,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Savant Capital LLC raised its position in Avantis Emerging Markets Equity ETF by 7.6% in the 4th quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock valued at $973,997,000 after purchasing an additional 1,172,561 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Avantis Emerging Markets Equity ETF by 8.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 14,915,520 shares of the company’s stock worth $876,883,000 after acquiring an additional 1,115,487 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in Avantis Emerging Markets Equity ETF during the 4th quarter worth approximately $471,967,000. Strategic Financial Concepts LLC lifted its stake in Avantis Emerging Markets Equity ETF by 7,223.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after buying an additional 2,854,681 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Avantis Emerging Markets Equity ETF by 2.8% in the fourth quarter. Cerity Partners LLC now owns 2,194,942 shares of the company’s stock valued at $129,041,000 after buying an additional 60,499 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of AVEM opened at $64.26 on Friday. Avantis Emerging Markets Equity ETF has a twelve month low of $52.52 and a twelve month high of $66.31. The firm has a market cap of $8.62 billion, a P/E ratio of 12.64 and a beta of 0.66. The firm’s 50 day moving average price is $60.76 and its two-hundred day moving average price is $60.45.

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.