Pacific Life Fund Advisors LLC Has $79.18 Million Stock Position in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC)

Pacific Life Fund Advisors LLC grew its stake in Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) by 18.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,172,118 shares of the company’s stock after acquiring an additional 178,708 shares during the quarter. Avantis U.S. Large Cap Equity ETF accounts for 8.2% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 2nd biggest position. Pacific Life Fund Advisors LLC owned 0.27% of Avantis U.S. Large Cap Equity ETF worth $79,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $380,000. Grimes & Company Inc. bought a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $632,000. Chicago Partners Investment Group LLC increased its stake in Avantis U.S. Large Cap Equity ETF by 6.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 14,134 shares of the company’s stock worth $941,000 after purchasing an additional 876 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $958,000. Finally, Jane Street Group LLC bought a new stake in Avantis U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $1,290,000.

Avantis U.S. Large Cap Equity ETF Stock Performance

NYSEARCA AVLC opened at $70.54 on Monday. The business has a 50 day simple moving average of $69.19 and a 200 day simple moving average of $67.10. Avantis U.S. Large Cap Equity ETF has a 52-week low of $57.75 and a 52-week high of $70.89. The stock has a market cap of $304.73 million, a price-to-earnings ratio of 20.27 and a beta of 1.06.

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.