Avantis U.S. Large Cap Value ETF $AVLV Shares Acquired by Nixon Peabody Trust Co.

Nixon Peabody Trust Co. raised its stake in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) by 2.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,034,603 shares of the company’s stock after acquiring an additional 24,775 shares during the quarter. Avantis U.S. Large Cap Value ETF makes up 5.5% of Nixon Peabody Trust Co.’s portfolio, making the stock its 3rd biggest position. Nixon Peabody Trust Co.’s holdings in Avantis U.S. Large Cap Value ETF were worth $70,570,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in AVLV. Advantage Trust Co grew its stake in shares of Avantis U.S. Large Cap Value ETF by 21.4% in the 1st quarter. Advantage Trust Co now owns 134,134 shares of the company’s stock valued at $8,747,000 after buying an additional 23,688 shares during the period. Comprehensive Financial Planning Inc. PA boosted its holdings in Avantis U.S. Large Cap Value ETF by 4.1% in the first quarter. Comprehensive Financial Planning Inc. PA now owns 10,067 shares of the company’s stock worth $657,000 after acquiring an additional 392 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Avantis U.S. Large Cap Value ETF by 44.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 87,169 shares of the company’s stock valued at $5,684,000 after acquiring an additional 26,813 shares during the period. Ameriprise Financial Inc. grew its stake in Avantis U.S. Large Cap Value ETF by 46.3% in the first quarter. Ameriprise Financial Inc. now owns 2,749,856 shares of the company’s stock valued at $179,195,000 after acquiring an additional 869,638 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of Avantis U.S. Large Cap Value ETF by 7.6% during the first quarter. NewEdge Advisors LLC now owns 241,608 shares of the company’s stock valued at $15,755,000 after acquiring an additional 17,006 shares in the last quarter.

Avantis U.S. Large Cap Value ETF Stock Down 1.4%

Shares of AVLV opened at $72.74 on Friday. The stock has a market cap of $8.43 billion, a P/E ratio of 15.70 and a beta of 0.99. The business’s fifty day moving average is $72.30 and its 200 day moving average is $69.49. Avantis U.S. Large Cap Value ETF has a 12-month low of $55.67 and a 12-month high of $73.99.

About Avantis U.S. Large Cap Value ETF

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.