Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Trading Up 1% – Should You Buy?

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) shares rose 1% during mid-day trading on Monday . The company traded as high as $83.18 and last traded at $82.46. Approximately 33,665 shares traded hands during trading, a decline of 15% from the average session volume of 39,709 shares. The stock had previously closed at $81.66.

Avantis Emerging Markets ex-China Equity ETF Price Performance

The firm’s 50-day moving average price is $81.45 and its 200 day moving average price is $76.84. The firm has a market capitalization of $412.30 million, a price-to-earnings ratio of 13.75 and a beta of 0.91.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 9th were paid a $0.4432 dividend. This represents a $1.77 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 9th. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02.

Hedge Funds Weigh In On Avantis Emerging Markets ex-China Equity ETF

Hedge funds have recently bought and sold shares of the stock. JFS Wealth Advisors LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the second quarter worth $243,000. Clearwater Capital Advisors LLC increased its position in Avantis Emerging Markets ex-China Equity ETF by 13.8% during the 1st quarter. Clearwater Capital Advisors LLC now owns 464,766 shares of the company’s stock worth $31,433,000 after purchasing an additional 56,526 shares in the last quarter. Beta Wealth Group Inc. purchased a new stake in Avantis Emerging Markets ex-China Equity ETF during the 1st quarter worth about $313,000. Corus Family Wealth Advisors raised its stake in Avantis Emerging Markets ex-China Equity ETF by 20.7% in the 1st quarter. Corus Family Wealth Advisors now owns 17,871 shares of the company’s stock valued at $1,209,000 after purchasing an additional 3,067 shares during the last quarter. Finally, Global Strategic Investment Solutions LLC raised its stake in Avantis Emerging Markets ex-China Equity ETF by 4.8% in the 1st quarter. Global Strategic Investment Solutions LLC now owns 5,768 shares of the company’s stock valued at $390,000 after purchasing an additional 262 shares during the last quarter.

Avantis Emerging Markets ex-China Equity ETF Company Profile

The Avantis Emerging Markets ex-China Equity ETF (AVXC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in emerging market companies (excluding China) with high profitability and value characteristics. The fund seeks long-term capital growth AVXC was launched on Mar 19, 2024 and is issued by American Century Investments.