Team Financial Group LLC Buys 192,937 Shares of Avantis U.S. Large Cap Value ETF $AVLV

Team Financial Group LLC purchased a new position in shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) during the third quarter, Holdings Channel.com reports. The fund purchased 192,937 shares of the company’s stock, valued at approximately $17,449,000. Avantis U.S. Large Cap Value ETF comprises about 7.1% of Team Financial Group LLC’s portfolio, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Capital Management Investments LLC acquired a new stake in shares of Avantis U.S. Large Cap Value ETF in the third quarter worth $260,000. BOKF NA acquired a new stake in Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $1,911,000. Vaquero Private Wealth Ltd. acquired a new stake in Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $2,370,000. Lam Group Inc. acquired a new stake in Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $1,506,000. Finally, MN Wealth Advisors LLC acquired a new stake in Avantis U.S. Large Cap Value ETF during the 3rd quarter worth about $432,000.

Avantis U.S. Large Cap Value ETF Stock Performance

NYSEARCA AVLV opened at $95.31 on Thursday. The firm has a market capitalization of $22.92 billion, a P/E ratio of 15.70 and a beta of 0.94. The stock has a 50-day simple moving average of $92.97 and a two-hundred day simple moving average of $88.51. Avantis U.S. Large Cap Value ETF has a fifty-two week low of $70.59 and a fifty-two week high of $95.36.

Avantis U.S. Large Cap Value ETF Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.