Corient Private Wealth LLC Trims Stake in Avantis U.S. Large Cap Equity ETF $AVLC

Corient Private Wealth LLC cut its position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 68.7% in the second quarter, HoldingsChannel reports. The firm owned 7,085 shares of the company’s stock after selling 15,580 shares during the period. Corient Private Wealth LLC’s holdings in Avantis U.S. Large Cap Equity ETF were worth $483,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Nemes Rush Group LLC increased its stake in shares of Avantis U.S. Large Cap Equity ETF by 25.3% during the second quarter. Nemes Rush Group LLC now owns 823 shares of the company’s stock valued at $58,000 after buying an additional 166 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Avantis U.S. Large Cap Equity ETF in the second quarter worth about $74,000. BLVD Private Wealth LLC bought a new position in Avantis U.S. Large Cap Equity ETF during the 2nd quarter worth about $233,000. Kestra Investment Management LLC purchased a new position in Avantis U.S. Large Cap Equity ETF during the 1st quarter valued at about $313,000. Finally, WealthPlan Investment Management LLC purchased a new position in Avantis U.S. Large Cap Equity ETF during the 2nd quarter valued at about $323,000.

Avantis U.S. Large Cap Equity ETF Stock Performance

NYSEARCA:AVLC opened at $79.65 on Monday. The firm has a 50-day simple moving average of $77.86 and a 200-day simple moving average of $75.04. Avantis U.S. Large Cap Equity ETF has a one year low of $55.47 and a one year high of $79.87. The firm has a market cap of $836.33 million, a P/E ratio of 22.04 and a beta of 1.07.

Avantis U.S. Large Cap Equity ETF Profile

The Avantis U.S. Large Cap Equity ETF (AVLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large-cap stocks of companies perceived to have high-growth characteristics and attractive valuations. The fund aims for long-term capital appreciation AVLC was launched on Sep 26, 2023 and is issued by American Century Investments.