Armbruster Capital Management Inc. Purchases 4,550 Shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Armbruster Capital Management Inc. raised its stake in shares of Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 60.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,075 shares of the company’s stock after purchasing an additional 4,550 shares during the period. Armbruster Capital Management Inc. owned 0.15% of Avantis U.S. Large Cap Equity ETF worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Cypress Point Wealth Management LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 40.4% in the 1st quarter. Cypress Point Wealth Management LLC now owns 458,063 shares of the company’s stock valued at $29,408,000 after purchasing an additional 131,888 shares during the last quarter. Simplicity Wealth LLC bought a new stake in shares of Avantis U.S. Large Cap Equity ETF in the 1st quarter valued at approximately $21,732,000. Farther Finance Advisors LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 3.8% in the 1st quarter. Farther Finance Advisors LLC now owns 5,973 shares of the company’s stock valued at $385,000 after purchasing an additional 220 shares during the last quarter. Prosperity Planning Inc. lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 29.5% in the 1st quarter. Prosperity Planning Inc. now owns 92,353 shares of the company’s stock valued at $5,929,000 after purchasing an additional 21,055 shares during the last quarter. Finally, WCG Wealth Advisors LLC lifted its stake in shares of Avantis U.S. Large Cap Equity ETF by 1.8% in the 4th quarter. WCG Wealth Advisors LLC now owns 38,038 shares of the company’s stock valued at $2,569,000 after purchasing an additional 680 shares during the last quarter.

Avantis U.S. Large Cap Equity ETF Price Performance

NYSEARCA:AVLC opened at $68.43 on Friday. The firm has a market capitalization of $622.71 million, a price-to-earnings ratio of 21.19 and a beta of 1.06. Avantis U.S. Large Cap Equity ETF has a 1 year low of $55.47 and a 1 year high of $70.89. The business has a 50 day simple moving average of $65.10 and a 200-day simple moving average of $66.92.

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.