Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

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 Trading Down 3.1%

The company has a market cap of $427.16 million, a price-to-earnings ratio of 13.75 and a beta of 0.92. The firm’s fifty day moving average price is $81.44 and its 200-day moving average price is $77.57.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, September 8th were paid a dividend of $0.4484 per share. This represents a $1.79 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, September 8th. This is a boost from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.4432.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWS Financial Advisors LLC bought a new position in shares of Avantis Emerging Markets ex-China Equity ETF during the 1st quarter valued at about $1,732,000. Concurrent Investment Advisors LLC acquired a new position in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at approximately $1,100,000. Clearwater Capital Advisors LLC grew its position in shares of Avantis Emerging Markets ex-China Equity ETF by 13.8% in the 1st 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 during the period. Retirement Planning Group LLC bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter worth approximately $1,941,000. Finally, Vestment Financial LLC increased its stake in Avantis Emerging Markets ex-China Equity ETF by 6.1% during the 3rd quarter. Vestment Financial LLC now owns 228,025 shares of the company’s stock worth $18,690,000 after purchasing an additional 13,171 shares in 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.