Tounjian Advisory Partners LLC Makes New $4.24 Million Investment in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC)

Tounjian Advisory Partners LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 87,184 shares of the company’s stock, valued at approximately $4,241,000. Tounjian Advisory Partners LLC owned approximately 6.32% of Avantis Emerging Markets ex-China Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Trajan Wealth LLC raised its position in shares of Avantis Emerging Markets ex-China Equity ETF by 13.3% during the fourth quarter. Trajan Wealth LLC now owns 228,382 shares of the company’s stock worth $11,315,000 after purchasing an additional 26,729 shares during the period. Ridgeline Wealth LLC raised its holdings in shares of Avantis Emerging Markets ex-China Equity ETF by 3.7% during the first quarter. Ridgeline Wealth LLC now owns 45,594 shares of the company’s stock valued at $2,218,000 after acquiring an additional 1,617 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Avantis Emerging Markets ex-China Equity ETF in the 4th quarter valued at approximately $2,164,000. Retirement Planning Group LLC lifted its position in shares of Avantis Emerging Markets ex-China Equity ETF by 78.0% in the 4th quarter. Retirement Planning Group LLC now owns 25,031 shares of the company’s stock valued at $1,240,000 after acquiring an additional 10,969 shares in the last quarter. Finally, Prudent Man Investment Management Inc. acquired a new position in Avantis Emerging Markets ex-China Equity ETF in the 4th quarter worth approximately $1,078,000.

Avantis Emerging Markets ex-China Equity ETF Stock Up 0.9%

Shares of NASDAQ:AVXC opened at $54.82 on Monday. The company’s fifty day moving average is $50.45 and its two-hundred day moving average is $50.24. Avantis Emerging Markets ex-China Equity ETF has a 12-month low of $43.21 and a 12-month high of $55.72. The company has a market cap of $105.25 million, a P/E ratio of 12.64 and a beta of 0.83.

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.