GRIMES & Co WEALTH MANAGEMENT LLC Has $25.02 Million Stock Position in Avantis U.S. Large Cap Equity ETF $AVLC

GRIMES & Co WEALTH MANAGEMENT LLC increased its stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 43.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 327,058 shares of the company’s stock after purchasing an additional 98,298 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC owned approximately 3.14% of Avantis U.S. Large Cap Equity ETF worth $25,023,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of AVLC. Ridgeline Wealth LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF during the second quarter worth about $29,231,000. JPMorgan Chase & Co. acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $28,624,000. Simplicity Wealth LLC increased its stake in Avantis U.S. Large Cap Equity ETF by 111.9% in the second quarter. Simplicity Wealth LLC now owns 717,174 shares of the company’s stock valued at $50,948,000 after acquiring an additional 378,662 shares during the last quarter. Park Avenue Securities LLC acquired a new position in Avantis U.S. Large Cap Equity ETF during the third quarter valued at approximately $26,667,000. Finally, Global Strategic Investment Solutions LLC bought a new stake in Avantis U.S. Large Cap Equity ETF during the second quarter worth $13,339,000.

Avantis U.S. Large Cap Equity ETF Stock Performance

Shares of AVLC stock opened at $80.93 on Tuesday. Avantis U.S. Large Cap Equity ETF has a fifty-two week low of $55.47 and a fifty-two week high of $81.00. The stock’s fifty day moving average price is $78.32 and its two-hundred day moving average price is $75.86. The company has a market cap of $898.32 million, a PE ratio of 22.04 and a beta of 1.07.

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.