Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) Shares Purchased by Ariadne Wealth Management LP

Ariadne Wealth Management LP lifted its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 28.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 28,188 shares of the company’s stock after acquiring an additional 6,227 shares during the period. Ariadne Wealth Management LP’s holdings in Avantis Emerging Markets Equity ETF were worth $1,702,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its position in shares of Avantis Emerging Markets Equity ETF by 7,223.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,894,202 shares of the company’s stock valued at $170,150,000 after purchasing an additional 2,854,681 shares in the last quarter. Savant Capital LLC increased its stake in shares of Avantis Emerging Markets Equity ETF by 7.6% in the fourth quarter. Savant Capital LLC now owns 16,567,391 shares of the company’s stock worth $973,997,000 after acquiring an additional 1,172,561 shares during the last quarter. Jane Street Group LLC raised its position in Avantis Emerging Markets Equity ETF by 380.2% during the third quarter. Jane Street Group LLC now owns 1,421,298 shares of the company’s stock valued at $91,816,000 after acquiring an additional 1,125,300 shares in the last quarter. MML Investors Services LLC boosted its holdings in Avantis Emerging Markets Equity ETF by 270.3% in the third quarter. MML Investors Services LLC now owns 941,220 shares of the company’s stock worth $60,803,000 after purchasing an additional 687,056 shares in the last quarter. Finally, Merit Financial Group LLC grew its holdings in Avantis Emerging Markets Equity ETF by 486.2% during the fourth quarter. Merit Financial Group LLC now owns 713,524 shares of the company’s stock valued at $41,948,000 after purchasing an additional 591,800 shares during the last quarter.

Avantis Emerging Markets Equity ETF Stock Up 0.5 %

Shares of NYSEARCA AVEM opened at $61.96 on Tuesday. The company has a market cap of $7.86 billion, a P/E ratio of 12.48 and a beta of 0.79. The business’s 50 day moving average is $60.26 and its two-hundred day moving average is $61.24. Avantis Emerging Markets Equity ETF has a 12 month low of $55.65 and a 12 month high of $66.31.

Avantis Emerging Markets Equity ETF Company 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.