Grimes & Company Inc. Has $4.59 Million Stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Grimes & Company Inc. raised its stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 610.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,012 shares of the company’s stock after buying an additional 58,438 shares during the quarter. Grimes & Company Inc.’s holdings in Avantis U.S. Large Cap Equity ETF were worth $4,594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AVLC. Farther Finance Advisors LLC acquired a new position in Avantis U.S. Large Cap Equity ETF in the third quarter valued at about $380,000. Chicago Partners Investment Group LLC increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 6.6% in the third quarter. Chicago Partners Investment Group LLC now owns 14,134 shares of the company’s stock worth $941,000 after acquiring an additional 876 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the third quarter worth about $958,000. Jane Street Group LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the third quarter worth about $1,290,000. Finally, Prosperity Planning Inc. increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 146.3% in the third quarter. Prosperity Planning Inc. now owns 47,931 shares of the company’s stock worth $3,164,000 after acquiring an additional 28,474 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of Avantis U.S. Large Cap Equity ETF stock opened at $70.55 on Friday. Avantis U.S. Large Cap Equity ETF has a 1 year low of $56.43 and a 1 year high of $70.89. The business has a 50-day moving average of $69.17 and a two-hundred day moving average of $66.40. The company has a market capitalization of $304.78 million, a P/E ratio of 20.27 and a beta of 1.06.

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.