Avantis U.S. Large Cap Equity ETF $AVLC Shares Acquired by Cresset Asset Management LLC

Cresset Asset Management LLC increased its holdings in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 42.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 102,541 shares of the company’s stock after acquiring an additional 30,681 shares during the period. Cresset Asset Management LLC’s holdings in Avantis U.S. Large Cap Equity ETF were worth $7,845,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nemes Rush Group LLC raised its position in 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 worth $58,000 after acquiring an additional 166 shares during the period. Compound Planning Inc. purchased a new stake in shares of Avantis U.S. Large Cap Equity ETF during the third quarter worth about $210,000. Finemark National Bank & Trust acquired a new position in shares of Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth about $247,000. BLVD Private Wealth LLC acquired a new position in shares of Avantis U.S. Large Cap Equity ETF during the 2nd quarter worth about $233,000. Finally, Allegiance Financial Group Advisory Services LLC boosted its holdings in Avantis U.S. Large Cap Equity ETF by 5.9% in the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 5,029 shares of the company’s stock worth $385,000 after buying an additional 279 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Trading Down 0.9%

NYSEARCA:AVLC opened at $80.45 on Friday. The stock has a 50 day moving average of $80.77 and a two-hundred day moving average of $78.11. Avantis U.S. Large Cap Equity ETF has a 12 month low of $55.47 and a 12 month high of $82.32. The firm has a market cap of $1.01 billion, a P/E 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.