Allworth Financial LP Invests $3 Million in Avantis U.S. Large Cap Equity ETF $AVLC

Allworth Financial LP bought a new stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,143 shares of the company’s stock, valued at approximately $2,995,000. Allworth Financial LP owned approximately 0.37% of Avantis U.S. Large Cap Equity ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Susquehanna International Group LLP bought a new stake in Avantis U.S. Large Cap Equity ETF in the third quarter valued at about $1,580,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Avantis U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $202,000. Flow Traders U.S. LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $201,000. Citadel Advisors LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $248,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in Avantis U.S. Large Cap Equity ETF by 15.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 600,224 shares of the company’s stock valued at $45,923,000 after buying an additional 78,356 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of NYSEARCA:AVLC opened at $76.98 on Friday. The business’s fifty day moving average price is $80.56 and its two-hundred day moving average price is $78.50. The stock has a market capitalization of $962.25 million, 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 $82.32.

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.