AE Wealth Management LLC Purchases 27,974 Shares of Avantis U.S. Large Cap Equity ETF $AVLC

AE Wealth Management LLC increased its position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 45.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,074 shares of the company’s stock after buying an additional 27,974 shares during the quarter. AE Wealth Management LLC owned 0.86% of Avantis U.S. Large Cap Equity ETF worth $6,892,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cypress Point Wealth Management LLC lifted its holdings in Avantis U.S. Large Cap Equity ETF by 12.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 418,718 shares of the company’s stock worth $32,036,000 after buying an additional 47,427 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in shares of Avantis U.S. Large Cap Equity ETF by 43.0% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 327,058 shares of the company’s stock valued at $25,023,000 after acquiring an additional 98,298 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in Avantis U.S. Large Cap Equity ETF in the second quarter worth $74,000. Prosperity Planning Inc. lifted its stake in Avantis U.S. Large Cap Equity ETF by 11.3% in the third quarter. Prosperity Planning Inc. now owns 123,606 shares of the company’s stock worth $9,457,000 after acquiring an additional 12,582 shares during the period. Finally, Global Strategic Investment Solutions LLC bought a new stake in Avantis U.S. Large Cap Equity ETF in the second quarter valued at $13,339,000.

Avantis U.S. Large Cap Equity ETF Trading Down 0.6%

Shares of Avantis U.S. Large Cap Equity ETF stock opened at $81.05 on Friday. Avantis U.S. Large Cap Equity ETF has a 12-month low of $55.47 and a 12-month high of $81.70. The company has a market cap of $988.81 million, a P/E ratio of 22.04 and a beta of 1.07. The company’s fifty day simple moving average is $79.46 and its two-hundred day simple moving average is $76.70.

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.