Cresset Asset Management LLC Boosts Holdings in Avantis U.S. Large Cap Equity ETF $AVLC

Cresset Asset Management LLC boosted its stake in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 42.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 102,541 shares of the company’s stock after purchasing an additional 30,681 shares during the period. Cresset Asset Management LLC owned approximately 0.98% of Avantis U.S. Large Cap Equity ETF worth $7,845,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. AE Wealth Management LLC lifted 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 acquiring an additional 29,665 shares during the period. Cypress Point Wealth Management LLC grew its stake in shares of Avantis U.S. Large Cap Equity ETF by 12.8% during the 3rd 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 during the period. GRIMES & Co WEALTH MANAGEMENT LLC increased 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 purchasing an additional 98,298 shares in the last quarter. Prosperity Planning Inc. increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 11.3% during the 3rd quarter. Prosperity Planning Inc. now owns 123,606 shares of the company’s stock valued at $9,457,000 after purchasing an additional 12,582 shares in the last quarter. Finally, Haven Private LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 8.7% in the 3rd quarter. Haven Private LLC now owns 89,465 shares of the company’s stock valued at $6,845,000 after purchasing an additional 7,127 shares during the period.

Avantis U.S. Large Cap Equity ETF Stock Performance

Shares of NYSEARCA AVLC opened at $80.45 on Friday. Avantis U.S. Large Cap Equity ETF has a 1 year low of $55.47 and a 1 year high of $82.32. The company’s fifty day moving average price is $80.77 and its 200 day moving average price is $78.11. The company has a market capitalization of $1.01 billion, a PE ratio of 22.04 and a beta of 1.07.

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.