Avantis U.S. Large Cap Equity ETF $AVLC Shares Sold by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC trimmed its position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 3.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 961,300 shares of the company’s stock after selling 33,627 shares during the period. Avantis U.S. Large Cap Equity ETF accounts for approximately 7.3% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Pacific Life Fund Advisors LLC owned approximately 10.36% of Avantis U.S. Large Cap Equity ETF worth $68,291,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FAS Wealth Partners Inc. grew its position in shares of Avantis U.S. Large Cap Equity ETF by 1.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 211,717 shares of the company’s stock valued at $13,592,000 after acquiring an additional 2,252 shares during the period. AE Wealth Management LLC lifted its stake in Avantis U.S. Large Cap Equity ETF by 126.8% in the 1st quarter. AE Wealth Management LLC now owns 32,435 shares of the company’s stock valued at $2,082,000 after purchasing an additional 18,137 shares during the last quarter. LPL Financial LLC lifted its stake in Avantis U.S. Large Cap Equity ETF by 65.1% in the 1st quarter. LPL Financial LLC now owns 198,440 shares of the company’s stock valued at $12,740,000 after purchasing an additional 78,273 shares during the last quarter. Nemes Rush Group LLC bought a new position in Avantis U.S. Large Cap Equity ETF during the first quarter worth about $42,000. Finally, Chicago Partners Investment Group LLC increased its position in Avantis U.S. Large Cap Equity ETF by 17.1% during the first quarter. Chicago Partners Investment Group LLC now owns 17,193 shares of the company’s stock worth $1,108,000 after buying an additional 2,506 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Down 1.8%

NYSEARCA:AVLC opened at $76.89 on Friday. Avantis U.S. Large Cap Equity ETF has a 12-month low of $55.47 and a 12-month high of $78.89. The firm has a market capitalization of $807.35 million, a price-to-earnings ratio of 22.04 and a beta of 1.07. The stock’s 50 day moving average price is $76.65 and its two-hundred day moving average price is $72.52.

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.