Park Avenue Securities LLC Buys 537,525 Shares of Avantis U.S. Large Cap Equity ETF $AVLC

Park Avenue Securities LLC bought a new position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 537,525 shares of the company’s stock, valued at approximately $48,522,000.

Other large investors have also recently made changes to their positions in the company. Prosperity Planning Inc. grew its stake in shares of Avantis U.S. Large Cap Equity ETF by 5.3% during the second quarter. Prosperity Planning Inc. now owns 151,352 shares of the company’s stock valued at $13,616,000 after buying an additional 7,662 shares during the last quarter. CoreCap Advisors LLC raised its holdings in shares of Avantis U.S. Large Cap Equity ETF by 15.3% in the second quarter. CoreCap Advisors LLC now owns 94,083 shares of the company’s stock worth $8,464,000 after buying an additional 12,513 shares during the period. Allworth Financial LP lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 27.7% during the 2nd quarter. Allworth Financial LP now owns 323,092 shares of the company’s stock worth $29,065,000 after acquiring an additional 70,116 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 12.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 706,672 shares of the company’s stock worth $63,572,000 after acquiring an additional 77,317 shares during the last quarter. Finally, Mendota Financial Group LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 24.8% during the 3rd quarter. Mendota Financial Group LLC now owns 135,835 shares of the company’s stock worth $12,262,000 after acquiring an additional 26,986 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Up 0.7%

Shares of Avantis U.S. Large Cap Equity ETF stock opened at $90.67 on Tuesday. The stock’s fifty day moving average is $91.30 and its two-hundred day moving average is $86.33. Avantis U.S. Large Cap Equity ETF has a 52 week low of $74.45 and a 52 week high of $94.80. The company has a market capitalization of $1.57 billion, a PE ratio of 22.04 and a beta of 1.01.

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.