Prosperity Planning Inc. Raises Holdings in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Prosperity Planning Inc. increased its stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 48.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,298 shares of the company’s stock after purchasing an additional 23,367 shares during the quarter. Avantis U.S. Large Cap Equity ETF comprises about 1.5% of Prosperity Planning Inc.’s holdings, making the stock its 17th largest position. Prosperity Planning Inc.’s holdings in Avantis U.S. Large Cap Equity ETF were worth $4,816,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Beaird Harris Wealth Management LLC grew its position in Avantis U.S. Large Cap Equity ETF by 20.7% in the third quarter. Beaird Harris Wealth Management LLC now owns 402,073 shares of the company’s stock worth $26,545,000 after acquiring an additional 68,823 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Avantis U.S. Large Cap Equity ETF during the 3rd quarter valued at about $1,290,000. Rockefeller Capital Management L.P. bought a new stake in Avantis U.S. Large Cap Equity ETF in the 3rd quarter worth approximately $958,000. Cypress Point Wealth Management LLC boosted its stake in Avantis U.S. Large Cap Equity ETF by 20.0% in the third quarter. Cypress Point Wealth Management LLC now owns 248,594 shares of the company’s stock worth $16,412,000 after buying an additional 41,353 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its position in Avantis U.S. Large Cap Equity ETF by 6.6% during the third quarter. Chicago Partners Investment Group LLC now owns 14,134 shares of the company’s stock valued at $941,000 after acquiring an additional 876 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of AVLC stock opened at $69.49 on Tuesday. The stock has a market capitalization of $300.20 million, a PE ratio of 20.27 and a beta of 1.06. The business has a 50-day moving average of $69.05 and a 200 day moving average of $66.25. Avantis U.S. Large Cap Equity ETF has a 1-year low of $55.43 and a 1-year 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.