Ariadne Wealth Management LP Buys 5,043 Shares of Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE)

Ariadne Wealth Management LP grew its stake in shares of Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) by 17.0% in the fourth quarter, Holdings Channel reports. The fund owned 34,621 shares of the company’s stock after acquiring an additional 5,043 shares during the quarter. Avantis Emerging Markets Small Cap Equity ETF accounts for about 0.9% of Ariadne Wealth Management LP’s portfolio, making the stock its 28th largest position. Ariadne Wealth Management LP owned approximately 0.14% of Avantis Emerging Markets Small Cap Equity ETF worth $1,858,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. American Century Companies Inc. lifted its stake in Avantis Emerging Markets Small Cap Equity ETF by 7.4% in the fourth quarter. American Century Companies Inc. now owns 84,045 shares of the company’s stock valued at $4,480,000 after purchasing an additional 5,765 shares during the last quarter. Timonier Family Office LTD. purchased a new stake in Avantis Emerging Markets Small Cap Equity ETF in the 4th quarter worth about $2,021,000. CAP Partners LLC raised its stake in Avantis Emerging Markets Small Cap Equity ETF by 5.9% in the 4th quarter. CAP Partners LLC now owns 18,546 shares of the company’s stock valued at $989,000 after acquiring an additional 1,025 shares during the period. Mills Wealth Advisors LLC increased its stake in shares of Avantis Emerging Markets Small Cap Equity ETF by 16.4% in the fourth quarter. Mills Wealth Advisors LLC now owns 14,706 shares of the company’s stock worth $784,000 after purchasing an additional 2,069 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Avantis Emerging Markets Small Cap Equity ETF by 27.3% in the third quarter. Jane Street Group LLC now owns 14,526 shares of the company’s stock worth $855,000 after purchasing an additional 3,116 shares in the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Stock Performance

Shares of AVEE stock opened at $54.17 on Tuesday. The firm’s 50 day moving average is $53.38 and its 200 day moving average is $55.05. The stock has a market capitalization of $29.79 million, a P/E ratio of 12.25 and a beta of 0.66. Avantis Emerging Markets Small Cap Equity ETF has a 12 month low of $50.89 and a 12 month high of $60.08.

About Avantis Emerging Markets Small Cap Equity ETF

The Avantis Emerging Markets Small Cap Equity ETF (AVEE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks long-term capital appreciation through an actively managed portfolio of small-cap companies in the emerging market equity space, selected based on fundamental criteria.