Park Avenue Securities LLC Makes New $48.52 Million Investment in Avantis U.S. Large Cap Equity ETF $AVLC

Park Avenue Securities LLC acquired a new position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 537,525 shares of the company’s stock, valued at approximately $48,522,000. Park Avenue Securities LLC owned approximately 3.11% of Avantis U.S. Large Cap Equity ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AVLC. Simplicity Wealth LLC increased its stake in Avantis U.S. Large Cap Equity ETF by 4.2% during the third quarter. Simplicity Wealth LLC now owns 396,158 shares of the company’s stock worth $35,761,000 after acquiring an additional 15,792 shares during the last quarter. Capital Investment Advisors LLC purchased a new stake in Avantis U.S. Large Cap Equity ETF during the third quarter valued at approximately $480,000. Legacy Financial Group Inc. raised its position in 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 Avantis U.S. Large Cap Equity ETF during the third quarter valued at approximately $123,000. Finally, Diversify Advisory Services LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 25.5% in the 3rd quarter. Diversify Advisory Services LLC now owns 6,682 shares of the company’s stock valued at $611,000 after purchasing an additional 1,357 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

NYSEARCA:AVLC opened at $90.67 on Tuesday. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 22.04 and a beta of 1.01. The business has a 50 day simple moving average of $91.30 and a 200-day simple moving average of $86.33. Avantis U.S. Large Cap Equity ETF has a 1 year low of $74.45 and a 1 year high of $94.80.

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.