Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $77.47 and traded as high as $78.50. Avantis Emerging Markets ex-China Equity ETF shares last traded at $78.39, with a volume of 24,776 shares traded.

Avantis Emerging Markets ex-China Equity ETF Price Performance

The firm has a market capitalization of $446.82 million, a price-to-earnings ratio of 13.75 and a beta of 0.92. The business’s fifty day simple moving average is $81.63 and its 200 day simple moving average is $77.47.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Tuesday, September 8th were issued a dividend of $0.4484 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $1.79 dividend on an annualized basis and a yield of 2.3%. This is an increase from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.4432.

Institutional Trading of Avantis Emerging Markets ex-China Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Clearwater Capital Advisors LLC lifted its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 13.8% in the first quarter. Clearwater Capital Advisors LLC now owns 464,766 shares of the company’s stock valued at $31,433,000 after purchasing an additional 56,526 shares in the last quarter. Vestment Financial LLC boosted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 6.1% during the third quarter. Vestment Financial LLC now owns 228,025 shares of the company’s stock valued at $18,690,000 after buying an additional 13,171 shares during the last quarter. CWS Financial Advisors LLC boosted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 22.0% during the third quarter. CWS Financial Advisors LLC now owns 62,077 shares of the company’s stock valued at $5,101,000 after buying an additional 11,192 shares during the last quarter. PCG Wealth Advisors LLC boosted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 1.2% during the second quarter. PCG Wealth Advisors LLC now owns 38,811 shares of the company’s stock valued at $3,324,000 after buying an additional 455 shares during the last quarter. Finally, Retirement Planning Group LLC purchased a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter valued at approximately $1,941,000.

About Avantis Emerging Markets ex-China Equity ETF

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.