Simplicity Wealth LLC Purchases Shares of 338,512 Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Simplicity Wealth LLC purchased a new stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) in the first quarter, Holdings Channel reports. The institutional investor purchased 338,512 shares of the company’s stock, valued at approximately $21,732,000. Avantis U.S. Large Cap Equity ETF comprises about 1.7% of Simplicity Wealth LLC’s portfolio, making the stock its 8th largest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of AVLC. Citadel Advisors LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF in the 4th quarter valued at about $204,000. Allegiance Financial Group Advisory Services LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF in the 4th quarter valued at about $208,000. Farther Finance Advisors LLC lifted its holdings in Avantis U.S. Large Cap Equity ETF by 3.8% in the 1st quarter. Farther Finance Advisors LLC now owns 5,973 shares of the company’s stock valued at $385,000 after acquiring an additional 220 shares during the last quarter. Clearwater Capital Advisors LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF in the 4th quarter valued at about $414,000. Finally, Commonwealth Equity Services LLC lifted its holdings in Avantis U.S. Large Cap Equity ETF by 3.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 8,280 shares of the company’s stock valued at $559,000 after acquiring an additional 243 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

AVLC stock opened at $68.97 on Tuesday. Avantis U.S. Large Cap Equity ETF has a one year low of $55.47 and a one year high of $70.89. The firm has a market capitalization of $612.45 million, a PE ratio of 21.19 and a beta of 1.06. The firm has a 50-day moving average of $64.25 and a two-hundred day moving average of $66.91.

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.