Avantis Emerging Markets Equity ETF is trading at $98.60 (+3.01%) as emerging-markets equities catch a broad risk-on bid fueled by a global stock rally.
- Sentiment improved significantly following a reported U.S.-Iran peace agreement, which pushed Brent crude prices lower and boosted appetite for growth and cyclical assets.
- The fund is seeing additional support from its high exposure to Asian semiconductor and technology companies, which are tracking the broader tech-led upswing in the Nasdaq and S&P 500.
- The move appears to be driven by broader market dynamics and improved global sentiment rather than fund-specific headlines.