Avantis U.S. Large Cap Equity ETF $AVLC Shares Sold by Oak Root LLC

Oak Root LLC decreased its position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 1.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,672,975 shares of the company’s stock after selling 47,645 shares during the period. Avantis U.S. Large Cap Equity ETF comprises about 23.7% of Oak Root LLC’s investment portfolio, making the stock its 2nd biggest holding. Oak Root LLC owned 26.73% of Avantis U.S. Large Cap Equity ETF worth $204,509,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nemes Rush Group LLC boosted its position in shares of Avantis U.S. Large Cap Equity ETF by 25.3% in the second quarter. Nemes Rush Group LLC now owns 823 shares of the company’s stock worth $58,000 after buying an additional 166 shares during the period. Rockefeller Capital Management L.P. lifted its stake in Avantis U.S. Large Cap Equity ETF by 1.9% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 24,765 shares of the company’s stock worth $1,759,000 after acquiring an additional 454 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in Avantis U.S. Large Cap Equity ETF by 2.8% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 17,676 shares of the company’s stock worth $1,289,000 after acquiring an additional 483 shares in the last quarter. ShankerValleau Wealth Advisors Inc. boosted its position in Avantis U.S. Large Cap Equity ETF by 0.9% during the 3rd quarter. ShankerValleau Wealth Advisors Inc. now owns 82,468 shares of the company’s stock worth $6,310,000 after acquiring an additional 733 shares during the period. Finally, WCG Wealth Advisors LLC grew its stake in Avantis U.S. Large Cap Equity ETF by 2.8% during the 2nd quarter. WCG Wealth Advisors LLC now owns 37,325 shares of the company’s stock valued at $2,652,000 after acquiring an additional 999 shares in the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of AVLC opened at $79.42 on Wednesday. The business’s 50-day moving average is $77.64 and its 200-day moving average is $74.82. The company has a market capitalization of $833.91 million, a price-to-earnings ratio of 22.04 and a beta of 1.07. Avantis U.S. Large Cap Equity ETF has a fifty-two week low of $55.47 and a fifty-two week high of $79.78.

Avantis U.S. Large Cap Equity ETF Company 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.