Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Trading 1% Higher – Here’s What Happened

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC)’s stock price rose 1% during mid-day trading on Thursday . The company traded as high as $68.63 and last traded at $68.41. Approximately 24,844 shares changed hands during trading, an increase of 33% from the average daily volume of 18,653 shares. The stock had previously closed at $67.75.

Avantis Emerging Markets ex-China Equity ETF Stock Up 1.0%

The company has a market cap of $232.59 million, a price-to-earnings ratio of 13.75 and a beta of 0.47. The stock’s 50-day simple moving average is $63.77 and its 200 day simple moving average is $60.75.

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

Hedge funds have recently made changes to their positions in the stock. Plancorp LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $231,000. Avior Wealth Management LLC grew its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 139.8% in the second quarter. Avior Wealth Management LLC now owns 104,344 shares of the company’s stock valued at $5,908,000 after buying an additional 60,835 shares in the last quarter. BSW Wealth Partners lifted its stake in Avantis Emerging Markets ex-China Equity ETF by 11.9% during the 2nd quarter. BSW Wealth Partners now owns 6,578 shares of the company’s stock worth $372,000 after acquiring an additional 702 shares in the last quarter. Tyche Wealth Partners LLC acquired a new position in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter worth about $357,000. Finally, Schubert & Co grew its position in Avantis Emerging Markets ex-China Equity ETF by 29.2% in the 2nd quarter. Schubert & Co now owns 8,035 shares of the company’s stock valued at $455,000 after acquiring an additional 1,817 shares in the last quarter.

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.