CWS Financial Advisors LLC Makes New Investment in Avantis Emerging Markets ex-China Equity ETF $AVXC

CWS Financial Advisors LLC bought a new position in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 25,609 shares of the company’s stock, valued at approximately $1,732,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in shares of Avantis Emerging Markets ex-China Equity ETF by 18.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 52,971 shares of the company’s stock valued at $2,999,000 after buying an additional 8,086 shares in the last quarter. Jane Street Group LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF in the 2nd quarter valued at approximately $5,132,000. Osaic Holdings Inc. bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 2nd quarter valued at $78,000. MAI Capital Management bought a new stake in Avantis Emerging Markets ex-China Equity ETF during the 3rd quarter valued at $26,000. Finally, Bank of America Corp DE purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF during the third quarter worth $33,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

NASDAQ:AVXC opened at $81.48 on Friday. Avantis Emerging Markets ex-China Equity ETF has a 1 year low of $55.65 and a 1 year high of $88.77. The stock’s fifty day moving average price is $82.10 and its two-hundred day moving average price is $73.60. The company has a market cap of $407.40 million, a P/E ratio of 13.75 and a beta of 0.86.

Avantis Emerging Markets ex-China Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Tuesday, June 9th were paid a dividend of $0.4432 per share. This represents a $1.77 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, June 9th. This is a positive change from Avantis Emerging Markets ex-China Equity ETF’s previous quarterly dividend of $0.02.

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.