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

Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) shares shot up 1% during mid-day trading on Thursday . The stock traded as high as $68.63 and last traded at $68.41. 24,844 shares changed hands during trading, an increase of 33% from the average session 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 business’s fifty day moving average is $63.77 and its two-hundred day moving average is $60.75. The stock has a market cap of $232.59 million, a price-to-earnings ratio of 13.75 and a beta of 0.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Pacific Sage Partners LLC acquired a new stake in Avantis Emerging Markets ex-China Equity ETF in the 3rd quarter valued at about $8,840,000. Vestment Financial LLC grew its holdings in Avantis Emerging Markets ex-China Equity ETF by 143.8% during the 3rd quarter. Vestment Financial LLC now owns 217,547 shares of the company’s stock worth $13,149,000 after acquiring an additional 128,304 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of Avantis Emerging Markets ex-China Equity ETF by 59.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 323,614 shares of the company’s stock valued at $19,394,000 after purchasing an additional 121,195 shares during the last quarter. AE Wealth Management LLC increased its position in shares of Avantis Emerging Markets ex-China Equity ETF by 23.8% in the 2nd quarter. AE Wealth Management LLC now owns 578,087 shares of the company’s stock valued at $32,731,000 after purchasing an additional 111,240 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at $5,132,000.

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.