Red Lighthouse Investment Management LLC Invests $223,000 in Avantis Emerging Markets ex-China Equity ETF $AVXC

Red Lighthouse Investment Management LLC purchased a new position in Avantis Emerging Markets ex-China Equity ETF (NASDAQ:AVXC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,933 shares of the company’s stock, valued at approximately $223,000. Red Lighthouse Investment Management LLC owned approximately 0.15% of Avantis Emerging Markets ex-China Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Avior Wealth Management LLC raised its stake in Avantis Emerging Markets ex-China Equity ETF by 139.8% in the second quarter. Avior Wealth Management LLC now owns 104,344 shares of the company’s stock valued at $5,908,000 after purchasing an additional 60,835 shares in the last quarter. Retirement Planning Group LLC raised its stake in Avantis Emerging Markets ex-China Equity ETF by 49.7% in the second quarter. Retirement Planning Group LLC now owns 25,565 shares of the company’s stock valued at $1,448,000 after purchasing an additional 8,483 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the first quarter valued at approximately $786,000. Avantax Planning Partners Inc. purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the first quarter valued at approximately $273,000. Finally, Plancorp LLC purchased a new stake in Avantis Emerging Markets ex-China Equity ETF in the second quarter valued at approximately $231,000.

Avantis Emerging Markets ex-China Equity ETF Price Performance

Shares of AVXC opened at $62.25 on Monday. The firm’s 50 day simple moving average is $59.48 and its 200 day simple moving average is $55.94. The company has a market capitalization of $180.53 million, a P/E ratio of 13.75 and a beta of 0.83. Avantis Emerging Markets ex-China Equity ETF has a 1-year low of $43.21 and a 1-year high of $62.33.

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.