Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) Short Interest Update

Avantis U.S. Large Cap Equity ETF (NYSEARCA:AVLC) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 40,083 shares, a decline of 35.9% from the August 15th total of 62,503 shares. Based on an average daily volume of 70,704 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.

Avantis U.S. Large Cap Equity ETF Price Performance

Shares of AVLC stock traded up $0.93 during mid-day trading on Thursday, hitting $90.43. 42,901 shares of the stock traded hands, compared to its average volume of 66,937. Avantis U.S. Large Cap Equity ETF has a 52-week low of $74.45 and a 52-week high of $93.55. The stock has a market cap of $1.39 billion, a P/E ratio of 22.04 and a beta of 1.01. The stock’s fifty day moving average is $90.73 and its two-hundred day moving average is $86.77.

Institutional Investors Weigh In On Avantis U.S. Large Cap Equity ETF

Several institutional investors have recently bought and sold shares of AVLC. Beaird Harris Wealth Management LLC increased its stake in Avantis U.S. Large Cap Equity ETF by 13.0% during the 2nd quarter. Beaird Harris Wealth Management LLC now owns 841,598 shares of the company’s stock valued at $75,710,000 after purchasing an additional 96,843 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Avantis U.S. Large Cap Equity ETF by 27.7% in the 2nd quarter. Allworth Financial LP now owns 323,092 shares of the company’s stock valued at $29,065,000 after acquiring an additional 70,116 shares during the last quarter. Networth Advisors LLC boosted its holdings in shares of Avantis U.S. Large Cap Equity ETF by 1.5% in the 1st quarter. Networth Advisors LLC now owns 242,663 shares of the company’s stock valued at $18,819,000 after acquiring an additional 3,491 shares during the last quarter. Financial Insights Inc. acquired a new stake in shares of Avantis U.S. Large Cap Equity ETF in the second quarter worth $18,564,000. Finally, FAS Wealth Partners Inc. increased its stake in shares of Avantis U.S. Large Cap Equity ETF by 2.3% in the first quarter. FAS Wealth Partners Inc. now owns 223,820 shares of the company’s stock worth $17,357,000 after acquiring an additional 5,134 shares during the period.

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.