Simplicity Wealth LLC Grows Stock Position in Avantis U.S. Large Cap Equity ETF $AVLC

Simplicity Wealth LLC increased its position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 111.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 717,174 shares of the company’s stock after purchasing an additional 378,662 shares during the period. Avantis U.S. Large Cap Equity ETF accounts for 2.1% of Simplicity Wealth LLC’s portfolio, making the stock its 7th largest holding. Simplicity Wealth LLC owned 0.08% of Avantis U.S. Large Cap Equity ETF worth $50,948,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Cypress Point Wealth Management LLC lifted its position in shares of Avantis U.S. Large Cap Equity ETF by 40.4% in the first quarter. Cypress Point Wealth Management LLC now owns 458,063 shares of the company’s stock valued at $29,408,000 after acquiring an additional 131,888 shares in the last quarter. Beaird Harris Wealth Management LLC raised its stake in Avantis U.S. Large Cap Equity ETF by 6.3% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 456,265 shares of the company’s stock valued at $29,292,000 after purchasing an additional 27,025 shares during the period. Envestnet Asset Management Inc. raised its stake in Avantis U.S. Large Cap Equity ETF by 3,200.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 444,137 shares of the company’s stock valued at $28,514,000 after purchasing an additional 430,680 shares during the period. Ridgeline Wealth LLC purchased a new position in Avantis U.S. Large Cap Equity ETF in the 2nd quarter worth approximately $29,231,000. Finally, FAS Wealth Partners Inc. boosted its stake in Avantis U.S. Large Cap Equity ETF by 1.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 211,717 shares of the company’s stock worth $13,592,000 after purchasing an additional 2,252 shares during the period.

Avantis U.S. Large Cap Equity ETF Stock Performance

AVLC stock opened at $76.86 on Friday. The company’s fifty day moving average price is $74.58 and its 200-day moving average price is $69.46. Avantis U.S. Large Cap Equity ETF has a one year low of $55.47 and a one year high of $77.26. The company has a market capitalization of $760.91 million, a PE ratio of 22.04 and a beta of 1.06.

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.