Prosperity Planning Inc. Boosts Position in Avantis U.S. Large Cap Equity ETF $AVLC

Prosperity Planning Inc. lifted its holdings in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 7.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 162,333 shares of the company’s stock after purchasing an additional 10,981 shares during the period. Avantis U.S. Large Cap Equity ETF accounts for 3.3% of Prosperity Planning Inc.’s holdings, making the stock its 9th biggest holding. Prosperity Planning Inc. owned about 0.97% of Avantis U.S. Large Cap Equity ETF worth $14,654,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Financial Insights Inc. acquired a new position in Avantis U.S. Large Cap Equity ETF in the second quarter valued at $18,564,000. Apella Capital LLC raised its position in shares of Avantis U.S. Large Cap Equity ETF by 399.7% in the 3rd quarter. Apella Capital LLC now owns 220,308 shares of the company’s stock worth $20,231,000 after acquiring an additional 176,221 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 13.0% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 841,598 shares of the company’s stock valued at $75,710,000 after purchasing an additional 96,843 shares during the period. Canvas Wealth Advisors LLC acquired a new position in shares of Avantis U.S. Large Cap Equity ETF in the 1st quarter valued at about $6,781,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Avantis U.S. Large Cap Equity ETF by 12.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 706,672 shares of the company’s stock valued at $63,572,000 after purchasing an additional 77,317 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

Shares of AVLC opened at $91.64 on Friday. The firm has a market cap of $1.54 billion, a PE ratio of 22.04 and a beta of 1.01. Avantis U.S. Large Cap Equity ETF has a 52-week low of $74.45 and a 52-week high of $94.80. The business’s 50 day moving average price is $91.40 and its two-hundred day moving average price is $88.11.

About Avantis U.S. Large Cap Equity ETF

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.