Ariadne Wealth Management LP Purchases 8,091 Shares of Avantis International Small Cap Equity ETF (NYSEARCA:AVDS)

Ariadne Wealth Management LP raised its holdings in Avantis International Small Cap Equity ETF (NYSEARCA:AVDS) by 18.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,970 shares of the company’s stock after acquiring an additional 8,091 shares during the period. Avantis International Small Cap Equity ETF makes up 1.3% of Ariadne Wealth Management LP’s investment portfolio, making the stock its 14th largest position. Ariadne Wealth Management LP owned about 15.93% of Avantis International Small Cap Equity ETF worth $2,753,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AVDS. Endeavor Private Wealth Inc. bought a new stake in Avantis International Small Cap Equity ETF during the fourth quarter worth about $190,000. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Avantis International Small Cap Equity ETF by 10.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,586 shares of the company’s stock worth $290,000 after acquiring an additional 529 shares during the last quarter. Evanson Asset Management LLC boosted its stake in shares of Avantis International Small Cap Equity ETF by 11.9% in the 4th quarter. Evanson Asset Management LLC now owns 6,437 shares of the company’s stock valued at $334,000 after purchasing an additional 686 shares in the last quarter. Colorado Capital Management Inc. purchased a new position in Avantis International Small Cap Equity ETF in the 4th quarter worth $345,000. Finally, Farther Finance Advisors LLC lifted its stake in Avantis International Small Cap Equity ETF by 36.6% in the fourth quarter. Farther Finance Advisors LLC now owns 7,102 shares of the company’s stock worth $368,000 after purchasing an additional 1,903 shares during the last quarter.

Avantis International Small Cap Equity ETF Trading Down 0.1 %

Shares of NYSEARCA:AVDS opened at $55.47 on Tuesday. Avantis International Small Cap Equity ETF has a 12-month low of $49.45 and a 12-month high of $56.67. The stock’s 50-day moving average price is $53.90 and its 200-day moving average price is $53.71. The stock has a market capitalization of $71.00 million, a P/E ratio of 13.06 and a beta of 0.86.

About Avantis International Small Cap Equity ETF

The Avantis International Small Cap Equity ETF (AVDS) 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 stocks outside the US. AVDS was launched on Jul 18, 2023 and is issued by American Century Investments.