Avantis Emerging Markets Equity ETF $AVEM is Quantum Financial Advisors LLC’s 8th Largest Position

Quantum Financial Advisors LLC lowered its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 2.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 345,315 shares of the company’s stock after selling 7,516 shares during the period. Avantis Emerging Markets Equity ETF accounts for about 2.9% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 8th largest position. Quantum Financial Advisors LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $33,319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of AVEM. AQR Capital Management LLC boosted its holdings in shares of Avantis Emerging Markets Equity ETF by 13.2% during the 1st quarter. AQR Capital Management LLC now owns 22,204 shares of the company’s stock valued at $1,336,000 after purchasing an additional 2,596 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter worth about $287,000. Diversify Advisory Services LLC purchased a new stake in shares of Avantis Emerging Markets Equity ETF in the second quarter worth about $478,000. Diversify Wealth Management LLC lifted its position in shares of Avantis Emerging Markets Equity ETF by 20.3% in the second quarter. Diversify Wealth Management LLC now owns 13,280 shares of the company’s stock worth $946,000 after buying an additional 2,244 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its stake in Avantis Emerging Markets Equity ETF by 74.1% during the second quarter. Quantinno Capital Management LP now owns 14,735 shares of the company’s stock valued at $1,010,000 after buying an additional 6,271 shares during the last quarter.

Avantis Emerging Markets Equity ETF Price Performance

NYSEARCA AVEM opened at $92.27 on Friday. The stock has a market capitalization of $26.26 billion, a PE ratio of 12.66 and a beta of 0.74. The business has a 50 day simple moving average of $93.46 and a two-hundred day simple moving average of $88.93. Avantis Emerging Markets Equity ETF has a 1-year low of $70.27 and a 1-year high of $100.83.

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. AVEM was launched on Sep 17, 2019 and is managed by American Century Investments.