Envestnet Asset Management Inc. Boosts Holdings in Avantis U.S. Large Cap Equity ETF $AVLC

Envestnet Asset Management Inc. lifted its position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 10.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 531,194 shares of the company’s stock after purchasing an additional 51,340 shares during the period. Envestnet Asset Management Inc. owned about 5.06% of Avantis U.S. Large Cap Equity ETF worth $40,642,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AVLC. AE Wealth Management LLC boosted its stake in Avantis U.S. Large Cap Equity ETF by 45.0% during the 3rd quarter. AE Wealth Management LLC now owns 90,074 shares of the company’s stock worth $6,892,000 after purchasing an additional 27,974 shares during the period. Chicago Partners Investment Group LLC boosted its stake in shares of Avantis U.S. Large Cap Equity ETF by 11.1% in the third quarter. Chicago Partners Investment Group LLC now owns 19,642 shares of the company’s stock valued at $1,541,000 after buying an additional 1,966 shares in the last quarter. Allegiance Financial Group Advisory Services LLC boosted its position in shares of Avantis U.S. Large Cap Equity ETF by 5.9% during the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 5,029 shares of the company’s stock worth $385,000 after purchasing an additional 279 shares in the last quarter. FAS Wealth Partners Inc. boosted its holdings in Avantis U.S. Large Cap Equity ETF by 0.5% during the third quarter. FAS Wealth Partners Inc. now owns 214,091 shares of the company’s stock worth $16,380,000 after buying an additional 1,060 shares in the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Avantis U.S. Large Cap Equity ETF by 43.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 327,058 shares of the company’s stock worth $25,023,000 after acquiring an additional 98,298 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

Avantis U.S. Large Cap Equity ETF stock opened at $81.76 on Wednesday. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 22.04 and a beta of 1.07. Avantis U.S. Large Cap Equity ETF has a fifty-two week low of $55.47 and a fifty-two week high of $82.26. The stock’s fifty day moving average is $79.95 and its two-hundred day moving average is $77.20.

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.