Ariadne Wealth Management LP Has $1.86 Million Stake in Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE)

Ariadne Wealth Management LP boosted its stake in Avantis Emerging Markets Small Cap Equity ETF (NYSEARCA:AVEE) by 17.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 0.9% of Ariadne Wealth Management LP’s portfolio, making the stock its 28th largest position. Ariadne Wealth Management LP owned approximately 13.85% of Avantis Emerging Markets Small Cap Equity ETF worth $1,858,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC lifted its holdings in shares of Avantis Emerging Markets Small Cap Equity ETF by 161.8% in the fourth quarter. Tortoise Investment Management LLC now owns 2,867 shares of the company’s stock valued at $153,000 after purchasing an additional 1,772 shares in the last quarter. Index Fund Advisors Inc. raised its position in Avantis Emerging Markets Small Cap Equity ETF by 33.0% in the 4th quarter. Index Fund Advisors Inc. now owns 5,492 shares of the company’s stock valued at $293,000 after buying an additional 1,362 shares during the last quarter. Efficient Frontier Advisors LLC lifted its stake in Avantis Emerging Markets Small Cap Equity ETF by 83.5% in the 4th quarter. Efficient Frontier Advisors LLC now owns 7,085 shares of the company’s stock valued at $378,000 after acquiring an additional 3,224 shares in the last quarter. Cypress Point Wealth Management LLC lifted its stake in Avantis Emerging Markets Small Cap Equity ETF by 15.5% in the 4th quarter. Cypress Point Wealth Management LLC now owns 7,542 shares of the company’s stock valued at $402,000 after acquiring an additional 1,013 shares in the last quarter. Finally, Mills Wealth Advisors LLC boosted its position in Avantis Emerging Markets Small Cap Equity ETF by 16.4% during the 4th quarter. Mills Wealth Advisors LLC now owns 14,706 shares of the company’s stock worth $784,000 after acquiring an additional 2,069 shares during the last quarter.

Avantis Emerging Markets Small Cap Equity ETF Price Performance

NYSEARCA AVEE 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 company has a market capitalization of $29.79 million, a PE 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.

Avantis Emerging Markets Small Cap Equity ETF Company Profile

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.