Simplicity Wealth LLC Has $27.25 Million Holdings in Avantis U.S. Large Cap Equity ETF $AVLC

Simplicity Wealth LLC lessened its holdings in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 50.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 356,208 shares of the company’s stock after selling 360,966 shares during the period. Avantis U.S. Large Cap Equity ETF accounts for about 1.6% of Simplicity Wealth LLC’s investment portfolio, making the stock its 10th biggest holding. Simplicity Wealth LLC’s holdings in Avantis U.S. Large Cap Equity ETF were worth $27,253,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AE Wealth Management LLC increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 91.5% during the second quarter. AE Wealth Management LLC now owns 62,100 shares of the company’s stock valued at $4,412,000 after purchasing an additional 29,665 shares during the period. Cypress Point Wealth Management LLC lifted its holdings in Avantis U.S. Large Cap Equity ETF by 12.8% in the third quarter. Cypress Point Wealth Management LLC now owns 418,718 shares of the company’s stock worth $32,036,000 after purchasing an additional 47,427 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC grew its position in Avantis U.S. Large Cap Equity ETF by 43.0% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 327,058 shares of the company’s stock valued at $25,023,000 after buying an additional 98,298 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Avantis U.S. Large Cap Equity ETF in the 2nd quarter valued at about $74,000. Finally, Prosperity Planning Inc. increased its stake in Avantis U.S. Large Cap Equity ETF by 11.3% during the 3rd quarter. Prosperity Planning Inc. now owns 123,606 shares of the company’s stock valued at $9,457,000 after buying an additional 12,582 shares during the period.

Avantis U.S. Large Cap Equity ETF Trading Up 1.4%

AVLC stock opened at $80.36 on Thursday. The firm’s 50-day moving average is $78.72 and its two-hundred day moving average is $76.28. The company has a market capitalization of $908.07 million, a price-to-earnings ratio of 22.04 and a beta of 1.07. Avantis U.S. Large Cap Equity ETF has a 52 week low of $55.47 and a 52 week high of $81.24.

Avantis U.S. Large Cap Equity ETF 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.