Allworth Financial LP Acquires 70,116 Shares of Avantis U.S. Large Cap Equity ETF $AVLC

Allworth Financial LP raised its holdings in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 27.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 323,092 shares of the company’s stock after buying an additional 70,116 shares during the period. Allworth Financial LP owned about 2.10% of Avantis U.S. Large Cap Equity ETF worth $29,065,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rossby Financial LCC increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 47.6% in the fourth quarter. Rossby Financial LCC now owns 394 shares of the company’s stock worth $31,000 after buying an additional 127 shares during the period. Arax Advisory Partners purchased a new stake in Avantis U.S. Large Cap Equity ETF during the 4th quarter valued at about $58,000. Kingdom Financial Group LLC. bought a new position in Avantis U.S. Large Cap Equity ETF during the 4th quarter worth approximately $84,000. Flow Traders U.S. LLC purchased a new position in Avantis U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $201,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Avantis U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $202,000.

Avantis U.S. Large Cap Equity ETF Stock Performance

Shares of NYSEARCA AVLC traded down $0.71 during mid-day trading on Tuesday, hitting $91.32. The stock had a trading volume of 62,377 shares, compared to its average volume of 65,435. The business has a 50 day moving average price of $90.60 and a two-hundred day moving average price of $86.40. Avantis U.S. Large Cap Equity ETF has a 1 year low of $74.45 and a 1 year high of $93.55. The firm has a market cap of $1.41 billion, a P/E ratio of 22.04 and a beta of 1.01.

Avantis U.S. Large Cap Equity ETF 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.