18,723 Shares in Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Bought by Ariadne Wealth Management LP

Ariadne Wealth Management LP purchased a new position in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 18,723 shares of the company’s stock, valued at approximately $1,144,000.

Several other hedge funds have also recently made changes to their positions in the company. Northwest Wealth Management LLC boosted its stake in Avantis Emerging Markets Equity ETF by 14.5% during the fourth quarter. Northwest Wealth Management LLC now owns 152,943 shares of the company’s stock valued at $8,624,000 after buying an additional 19,332 shares during the period. Annex Advisory Services LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 8.8% during the fourth quarter. Annex Advisory Services LLC now owns 1,986,239 shares of the company’s stock valued at $112,004,000 after buying an additional 161,191 shares during the period. JRM Investment Counsel LLC boosted its position in Avantis Emerging Markets Equity ETF by 59.1% during the 4th quarter. JRM Investment Counsel LLC now owns 179,763 shares of the company’s stock valued at $10,137,000 after acquiring an additional 66,796 shares in the last quarter. Buckingham Strategic Wealth LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 20.2% in the 4th quarter. Buckingham Strategic Wealth LLC now owns 309,619 shares of the company’s stock worth $17,459,000 after acquiring an additional 51,984 shares in the last quarter. Finally, True Wealth Design LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 2.6% in the fourth quarter. True Wealth Design LLC now owns 25,395 shares of the company’s stock worth $1,432,000 after acquiring an additional 646 shares in the last quarter.

Avantis Emerging Markets Equity ETF Stock Down 1.4 %

AVEM opened at $64.60 on Tuesday. The stock has a market capitalization of $5.78 billion, a price-to-earnings ratio of 9.91 and a beta of 0.88. Avantis Emerging Markets Equity ETF has a twelve month low of $50.65 and a twelve month high of $65.93. The firm has a 50 day moving average price of $60.92 and a 200-day moving average price of $60.40.

Avantis Emerging Markets Equity ETF Profile

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.