Allegiance Financial Group Advisory Services LLC Invests $337,000 in Avantis U.S. Large Cap Equity ETF $AVLC

Allegiance Financial Group Advisory Services LLC acquired a new stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,750 shares of the company’s stock, valued at approximately $337,000. Allegiance Financial Group Advisory Services LLC owned 0.05% of Avantis U.S. Large Cap Equity ETF at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Nemes Rush Group LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $42,000. Ameritas Advisory Services LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the second quarter valued at approximately $74,000. Park Square Financial Group LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $180,000. Full Sail Capital LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $226,000. Finally, Kestra Investment Management LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the first quarter valued at approximately $313,000.

Avantis U.S. Large Cap Equity ETF Trading Up 0.7%

AVLC opened at $77.21 on Thursday. Avantis U.S. Large Cap Equity ETF has a 1-year low of $55.47 and a 1-year high of $77.27. The stock has a market capitalization of $764.38 million, a price-to-earnings ratio of 22.04 and a beta of 1.06. The business has a 50 day moving average of $74.81 and a 200-day moving average of $69.68.

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.