Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) Position Increased by Cypress Point Wealth Management LLC

Cypress Point Wealth Management LLC boosted its holdings in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 31.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 326,175 shares of the company’s stock after purchasing an additional 77,581 shares during the period. Avantis U.S. Large Cap Equity ETF comprises 6.9% of Cypress Point Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Cypress Point Wealth Management LLC owned 0.08% of Avantis U.S. Large Cap Equity ETF worth $22,033,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of AVLC. Jane Street Group LLC bought a new position in shares of Avantis U.S. Large Cap Equity ETF during the third quarter worth about $1,290,000. Beaird Harris Wealth Management LLC bought a new position in Avantis U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $20,918,000. Chicago Partners Investment Group LLC grew its position in shares of Avantis U.S. Large Cap Equity ETF by 6.6% in the 3rd 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. Grimes & Company Inc. bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $632,000. Finally, Waypoint Capital Advisors LLC increased its holdings in shares of Avantis U.S. Large Cap Equity ETF by 173.3% in the 3rd quarter. Waypoint Capital Advisors LLC now owns 240,803 shares of the company’s stock valued at $15,898,000 after acquiring an additional 152,681 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Stock Performance

Shares of NYSEARCA:AVLC opened at $70.55 on Friday. The company’s fifty day moving average is $69.17 and its two-hundred day moving average is $66.40. Avantis U.S. Large Cap Equity ETF has a 1-year low of $56.43 and a 1-year high of $70.89. The stock has a market capitalization of $304.78 million, a price-to-earnings ratio of 20.27 and a beta of 1.06.

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.