Uptick Partners LLC Makes New Investment in Avantis U.S. Large Cap Equity ETF $AVLC

Uptick Partners LLC purchased a new position in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 63,148 shares of the company’s stock, valued at approximately $4,965,000. Avantis U.S. Large Cap Equity ETF accounts for approximately 1.1% of Uptick Partners LLC’s holdings, making the stock its 22nd largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Flow Traders U.S. LLC acquired a new position in shares of Avantis U.S. Large Cap Equity ETF in the third quarter valued at approximately $201,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $202,000. Compound Planning Inc. acquired a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $210,000. Finemark National Bank & Trust purchased a new position in Avantis U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $247,000. Finally, Citadel Advisors LLC purchased a new position in Avantis U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $248,000.

Avantis U.S. Large Cap Equity ETF Stock Up 1.3%

NYSEARCA:AVLC opened at $85.45 on Friday. Avantis U.S. Large Cap Equity ETF has a 52 week low of $63.81 and a 52 week high of $85.50. The company has a fifty day simple moving average of $80.58 and a two-hundred day simple moving average of $79.50. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 22.04 and a beta of 1.04.

Avantis U.S. Large Cap Equity ETF 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.