Ariadne Wealth Management LP Invests $315,000 in Avantis Emerging Markets Value ETF (NYSEARCA:AVES)

Ariadne Wealth Management LP bought a new position in shares of Avantis Emerging Markets Value ETF (NYSEARCA:AVES) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,719 shares of the company’s stock, valued at approximately $315,000. Ariadne Wealth Management LP owned approximately 0.07% of Avantis Emerging Markets Value ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of AVES. American Century Companies Inc. grew its stake in Avantis Emerging Markets Value ETF by 18.3% during the fourth quarter. American Century Companies Inc. now owns 776,136 shares of the company’s stock worth $35,857,000 after buying an additional 119,963 shares during the period. Empowered Funds LLC boosted its position in Avantis Emerging Markets Value ETF by 5.2% during the 4th quarter. Empowered Funds LLC now owns 755,782 shares of the company’s stock worth $34,917,000 after purchasing an additional 37,246 shares during the period. Armbruster Capital Management Inc. increased its holdings in Avantis Emerging Markets Value ETF by 2.7% in the 4th quarter. Armbruster Capital Management Inc. now owns 311,142 shares of the company’s stock valued at $14,375,000 after purchasing an additional 8,161 shares in the last quarter. Meredith Wealth Planning increased its holdings in Avantis Emerging Markets Value ETF by 5.5% in the 4th quarter. Meredith Wealth Planning now owns 229,444 shares of the company’s stock valued at $10,600,000 after purchasing an additional 11,863 shares in the last quarter. Finally, Golden Bell Financial Planning LLC purchased a new position in Avantis Emerging Markets Value ETF in the fourth quarter valued at about $7,464,000.

Avantis Emerging Markets Value ETF Price Performance

Shares of NYSEARCA AVES opened at $48.28 on Tuesday. Avantis Emerging Markets Value ETF has a 1-year low of $44.44 and a 1-year high of $53.12. The company has a market capitalization of $561.98 million, a price-to-earnings ratio of 10.34 and a beta of 0.69. The business has a 50-day moving average of $46.90 and a 200-day moving average of $48.42.

About Avantis Emerging Markets Value ETF

The Avantis Emerging Markets Value ETF (AVES) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of emerging market equities with lower prices relative to their book values. AVES was launched on Sep 28, 2021 and is managed by American Century Investments.