Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Shares Up 1% – What’s Next?

Shares of Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) shot up 1% during mid-day trading on Monday . The company traded as high as $83.18 and last traded at $82.46. 33,665 shares were traded 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 Stock Up 1.0%

The stock has a fifty day moving average of $81.45 and a two-hundred day moving average of $76.84. The stock has a market cap 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. Shareholders of record on Tuesday, June 9th were given a dividend of $0.4432 per share. This represents a $1.77 annualized dividend and a dividend yield of 2.1%. The ex-dividend date 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

Large investors have recently made changes to their positions in the stock. Global Strategic Investment Solutions LLC boosted its position in Avantis Emerging Markets ex-China Equity ETF by 4.8% during the first quarter. Global Strategic Investment Solutions LLC now owns 5,768 shares of the company’s stock worth $390,000 after purchasing an additional 262 shares in the last quarter. Csenge Advisory Group increased its position in shares of Avantis Emerging Markets ex-China Equity ETF by 9.9% in the fourth quarter. Csenge Advisory Group now owns 4,687 shares of the company’s stock valued at $299,000 after buying an additional 423 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 4th quarter worth $28,000. Bank of America Corp DE acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth $33,000. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 1st quarter worth about $39,000.

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.