CoreCap Advisors LLC Raises Stock Position in Avantis U.S. Large Cap Equity ETF $AVLC

CoreCap Advisors LLC grew its stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 28.2% in the 4th quarter, Holdings Channel reports. The firm owned 78,293 shares of the company’s stock after purchasing an additional 17,231 shares during the period. CoreCap Advisors LLC’s holdings in Avantis U.S. Large Cap Equity ETF were worth $6,155,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Buttonwood Financial Group LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF during the 3rd quarter valued at about $33,373,000. JPMorgan Chase & Co. bought a new position in Avantis U.S. Large Cap Equity ETF in the second quarter worth about $28,624,000. Park Avenue Securities LLC purchased a new stake in Avantis U.S. Large Cap Equity ETF in the third quarter worth about $26,667,000. Well Done LLC purchased a new stake in Avantis U.S. Large Cap Equity ETF in the fourth quarter worth about $23,387,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in Avantis U.S. Large Cap Equity ETF by 43.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 327,058 shares of the company’s stock valued at $25,023,000 after acquiring an additional 98,298 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

AVLC stock opened at $77.02 on Friday. 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. The company has a market capitalization of $962.75 million, a price-to-earnings ratio of 22.04 and a beta of 1.07. The business’s 50 day moving average price is $80.32 and its two-hundred day moving average price is $78.56.

About Avantis U.S. Large Cap Equity ETF

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.