Avantis U.S. Large Cap Equity ETF $AVLC Stock: Simplicity Wealth LLC Grows Position

Simplicity Wealth LLC increased its stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 396,158 shares of the company’s stock after acquiring an additional 15,792 shares during the period. Avantis U.S. Large Cap Equity ETF comprises about 1.0% of Simplicity Wealth LLC’s holdings, making the stock its 12th largest holding. Simplicity Wealth LLC owned approximately 2.30% of Avantis U.S. Large Cap Equity ETF worth $35,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of AVLC. Capital Investment Advisors LLC purchased a new position in Avantis U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $480,000. Legacy Financial Group Inc. boosted its stake in shares of Avantis U.S. Large Cap Equity ETF by 28.1% during the third quarter. Legacy Financial Group Inc. now owns 26,970 shares of the company’s stock valued at $2,435,000 after purchasing an additional 5,912 shares during the period. Kings Path Partners LLC purchased a new stake in shares of Avantis U.S. Large Cap Equity ETF during the third quarter valued at approximately $123,000. Diversify Advisory Services LLC grew its holdings in shares of Avantis U.S. Large Cap Equity ETF by 25.5% in the third quarter. Diversify Advisory Services LLC now owns 6,682 shares of the company’s stock worth $611,000 after purchasing an additional 1,357 shares during the last quarter. Finally, Herold Advisors Inc. grew its holdings in shares of Avantis U.S. Large Cap Equity ETF by 7.5% in the third quarter. Herold Advisors Inc. now owns 116,804 shares of the company’s stock worth $10,544,000 after purchasing an additional 8,160 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Down 0.5%

Shares of NYSEARCA AVLC opened at $90.07 on Friday. Avantis U.S. Large Cap Equity ETF has a 52 week low of $74.45 and a 52 week high of $94.80. The firm’s fifty day moving average is $91.28 and its 200 day moving average is $89.09. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 22.04 and a beta of 1.01.

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.