JPMorgan Chase & Co. Has $33.89 Million Stock Position in Avantis U.S. Large Cap Value ETF $AVLV

JPMorgan Chase & Co. increased its position in shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) by 10.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 469,010 shares of the company’s stock after acquiring an additional 45,074 shares during the quarter. JPMorgan Chase & Co. owned about 0.40% of Avantis U.S. Large Cap Value ETF worth $33,891,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in AVLV. Hurley Capital LLC raised its holdings in Avantis U.S. Large Cap Value ETF by 501.1% during the 2nd quarter. Hurley Capital LLC now owns 541 shares of the company’s stock worth $37,000 after purchasing an additional 451 shares during the last quarter. GoalVest Advisory LLC bought a new position in shares of Avantis U.S. Large Cap Value ETF in the 3rd quarter valued at about $61,000. Root Financial Partners LLC bought a new position in shares of Avantis U.S. Large Cap Value ETF in the 3rd quarter valued at about $101,000. Western Wealth Management LLC acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth approximately $265,000. Finally, Vicus Capital acquired a new stake in shares of Avantis U.S. Large Cap Value ETF during the 3rd quarter worth approximately $356,000.

Avantis U.S. Large Cap Value ETF Price Performance

AVLV opened at $79.65 on Monday. The firm has a 50 day simple moving average of $81.59 and a 200 day simple moving average of $76.44. Avantis U.S. Large Cap Value ETF has a fifty-two week low of $55.67 and a fifty-two week high of $84.74. The company has a market cap of $9.83 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99.

About Avantis U.S. Large Cap Value ETF

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.