Avantis U.S. Large Cap Equity ETF $AVLC Stock Purchased by Herold Advisors Inc.

Herold Advisors Inc. lifted its position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 7.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,804 shares of the company’s stock after buying an additional 8,160 shares during the quarter. Avantis U.S. Large Cap Equity ETF makes up 1.9% of Herold Advisors Inc.’s investment portfolio, making the stock its 9th largest holding. Herold Advisors Inc. owned approximately 0.69% of Avantis U.S. Large Cap Equity ETF worth $10,544,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Montag A & Associates Inc. increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 16.7% in the first quarter. Montag A & Associates Inc. now owns 3,805 shares of the company’s stock valued at $295,000 after purchasing an additional 545 shares during the period. Acropolis Investment Management LLC purchased a new stake in shares of Avantis U.S. Large Cap Equity ETF in the third quarter valued at about $193,000. Acorn Wealth Advisors LLC acquired a new position in shares of Avantis U.S. Large Cap Equity ETF during the second quarter worth about $204,000. SC&H Financial Advisors Inc. purchased a new position in Avantis U.S. Large Cap Equity ETF during the third quarter worth about $213,000. Finally, Diversify Wealth Management LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF in the first quarter valued at about $236,000.

Avantis U.S. Large Cap Equity ETF Price Performance

NYSEARCA AVLC traded up $0.35 on Monday, hitting $90.83. 66,049 shares of the company’s stock were exchanged, compared to its average volume of 70,006. The firm’s 50-day moving average price is $91.45 and its two-hundred day moving average price is $88.72. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 22.04 and a beta of 1.01. Avantis U.S. Large Cap Equity ETF has a fifty-two week low of $74.45 and a fifty-two week high of $94.80.

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.