Simplicity Wealth LLC Buys Shares of 338,512 Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Simplicity Wealth LLC bought a new stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 338,512 shares of the company’s stock, valued at approximately $21,732,000. Avantis U.S. Large Cap Equity ETF makes up about 1.7% of Simplicity Wealth LLC’s investment portfolio, making the stock its 8th largest position. Simplicity Wealth LLC owned about 4.15% of Avantis U.S. Large Cap Equity ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in shares of Avantis U.S. Large Cap Equity ETF during the 4th quarter worth about $204,000. Allegiance Financial Group Advisory Services LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF in the fourth quarter valued at approximately $208,000. Farther Finance Advisors LLC grew its position in shares of Avantis U.S. Large Cap Equity ETF by 3.8% during the first quarter. Farther Finance Advisors LLC now owns 5,973 shares of the company’s stock worth $385,000 after buying an additional 220 shares in the last quarter. Clearwater Capital Advisors LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF during the fourth quarter worth approximately $414,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Avantis U.S. Large Cap Equity ETF by 3.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 8,280 shares of the company’s stock worth $559,000 after buying an additional 243 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of AVLC opened at $68.97 on Tuesday. The stock has a market capitalization of $612.45 million, a PE ratio of 21.19 and a beta of 1.06. Avantis U.S. Large Cap Equity ETF has a 12-month low of $55.47 and a 12-month high of $70.89. The business’s fifty day moving average price is $64.25 and its 200 day moving average price is $66.91.

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.