Avantis U.S. Large Cap Equity ETF $AVLC Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 10.7% during the third quarter, Holdings Channel reports. The fund owned 531,194 shares of the company’s stock after acquiring an additional 51,340 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.05% of Avantis U.S. Large Cap Equity ETF worth $40,642,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its holdings in Avantis U.S. Large Cap Equity ETF by 91.5% in the second quarter. AE Wealth Management LLC now owns 62,100 shares of the company’s stock valued at $4,412,000 after purchasing an additional 29,665 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in shares of Avantis U.S. Large Cap Equity ETF by 43.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 327,058 shares of the company’s stock valued at $25,023,000 after buying an additional 98,298 shares during the period. Cypress Point Wealth Management LLC lifted its position in shares of Avantis U.S. Large Cap Equity ETF by 12.8% during the third quarter. Cypress Point Wealth Management LLC now owns 418,718 shares of the company’s stock worth $32,036,000 after purchasing an additional 47,427 shares in the last quarter. Prosperity Planning Inc. lifted its holdings in Avantis U.S. Large Cap Equity ETF by 11.3% in the 3rd quarter. Prosperity Planning Inc. now owns 123,606 shares of the company’s stock worth $9,457,000 after buying an additional 12,582 shares in the last quarter. Finally, Waterfront Wealth Inc. lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 49.9% in the second quarter. Waterfront Wealth Inc. now owns 38,872 shares of the company’s stock worth $2,761,000 after acquiring an additional 12,932 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Trading Down 0.4%

Avantis U.S. Large Cap Equity ETF stock opened at $81.76 on Wednesday. Avantis U.S. Large Cap Equity ETF has a 52 week low of $55.47 and a 52 week high of $82.26. The stock has a market cap of $1.02 billion, a P/E ratio of 22.04 and a beta of 1.07. The stock has a 50 day moving average of $79.95 and a 200-day moving average of $77.20.

Avantis U.S. Large Cap Equity ETF Company 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.