Allworth Financial LP Increases Stock Holdings in Avantis U.S. Large Cap Equity ETF $AVLC

Allworth Financial LP raised its stake in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 27.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 323,092 shares of the company’s stock after purchasing an additional 70,116 shares during the quarter. Allworth Financial LP’s holdings in Avantis U.S. Large Cap Equity ETF were worth $29,065,000 at the end of the most recent reporting period.

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

Avantis U.S. Large Cap Equity ETF Stock Down 0.8%

Shares of NYSEARCA:AVLC traded down $0.71 during midday trading on Tuesday, reaching $91.32. The company’s stock had a trading volume of 62,377 shares, compared to its average volume of 65,435. The firm has a 50 day moving average of $90.60 and a 200-day moving average of $86.40. The firm has a market capitalization of $1.41 billion, a P/E ratio of 22.04 and a beta of 1.01. Avantis U.S. Large Cap Equity ETF has a 12-month low of $74.45 and a 12-month high of $93.55.

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.