Ameriprise Financial Inc. Purchases 513,695 Shares of Avantis U.S. Large Cap Value ETF $AVLV

Ameriprise Financial Inc. boosted its holdings in shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) by 16.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,568,058 shares of the company’s stock after purchasing an additional 513,695 shares during the period. Ameriprise Financial Inc. owned about 3.08% of Avantis U.S. Large Cap Value ETF worth $257,768,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hurley Capital LLC increased its position in shares of Avantis U.S. Large Cap Value ETF by 501.1% during the second quarter. Hurley Capital LLC now owns 541 shares of the company’s stock valued at $37,000 after buying an additional 451 shares during the period. GoalVest Advisory LLC bought a new position in Avantis U.S. Large Cap Value ETF in the third quarter worth about $61,000. Root Financial Partners LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the third quarter worth about $101,000. Western Wealth Management LLC purchased a new stake in Avantis U.S. Large Cap Value ETF in the third quarter worth about $265,000. Finally, Vicus Capital bought a new stake in Avantis U.S. Large Cap Value ETF during the 3rd quarter valued at approximately $356,000.

Avantis U.S. Large Cap Value ETF Stock Up 0.8%

Shares of AVLV stock opened at $80.47 on Tuesday. The stock has a market cap of $9.93 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99. The business’s fifty day moving average is $81.44 and its 200 day moving average is $76.19. Avantis U.S. Large Cap Value ETF has a twelve month low of $55.67 and a twelve month high of $84.74.

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.