Haven Private LLC Takes $11.67 Million Position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Haven Private LLC acquired a new position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 172,733 shares of the company’s stock, valued at approximately $11,668,000. Avantis U.S. Large Cap Equity ETF makes up about 6.5% of Haven Private LLC’s investment portfolio, making the stock its 2nd largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF in the fourth quarter worth approximately $208,000. Waterfront Wealth Inc. raised its position in Avantis U.S. Large Cap Equity ETF by 17.0% in the fourth quarter. Waterfront Wealth Inc. now owns 22,444 shares of the company’s stock valued at $1,516,000 after purchasing an additional 3,257 shares during the period. Pacific Life Fund Advisors LLC raised its position in Avantis U.S. Large Cap Equity ETF by 18.0% in the fourth quarter. Pacific Life Fund Advisors LLC now owns 1,172,118 shares of the company’s stock valued at $79,177,000 after purchasing an additional 178,708 shares during the period. Chicago Partners Investment Group LLC raised its holdings in shares of Avantis U.S. Large Cap Equity ETF by 3.9% in the 4th quarter. Chicago Partners Investment Group LLC now owns 14,687 shares of the company’s stock valued at $1,001,000 after buying an additional 553 shares during the period. Finally, Cypress Point Wealth Management LLC raised its holdings in shares of Avantis U.S. Large Cap Equity ETF by 31.2% in the 4th quarter. Cypress Point Wealth Management LLC now owns 326,175 shares of the company’s stock valued at $22,033,000 after buying an additional 77,581 shares during the period.

Avantis U.S. Large Cap Equity ETF Price Performance

AVLC opened at $65.76 on Friday. The business has a fifty day moving average price of $69.01 and a 200 day moving average price of $67.70. The stock has a market capitalization of $462.95 million, a price-to-earnings ratio of 21.97 and a beta of 1.06. Avantis U.S. Large Cap Equity ETF has a 12 month low of $58.16 and a 12 month high of $70.89.

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.