JPMorgan Chase & Co. Increases Holdings in Avantis U.S. Large Cap Value ETF $AVLV

JPMorgan Chase & Co. raised its stake in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) by 10.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 469,010 shares of the company’s stock after purchasing an additional 45,074 shares during the quarter. JPMorgan Chase & Co.’s holdings in Avantis U.S. Large Cap Value ETF were worth $33,891,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Hurley Capital LLC grew its stake in shares of Avantis U.S. Large Cap Value ETF by 501.1% in the second quarter. Hurley Capital LLC now owns 541 shares of the company’s stock valued at $37,000 after buying an additional 451 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in Avantis U.S. Large Cap Value ETF in the third quarter valued at approximately $61,000. Root Financial Partners LLC acquired a new stake in Avantis U.S. Large Cap Value ETF in the third quarter valued at approximately $101,000. TIAA Trust National Association purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the second quarter valued at approximately $216,000. Finally, Western Wealth Management LLC acquired a new position in shares of Avantis U.S. Large Cap Value ETF during the third quarter worth $265,000.

Avantis U.S. Large Cap Value ETF Trading Down 0.3%

AVLV opened at $83.78 on Friday. Avantis U.S. Large Cap Value ETF has a twelve month low of $55.67 and a twelve month high of $84.74. The firm has a market cap of $10.34 billion, a price-to-earnings ratio of 15.70 and a beta of 0.99. The company has a fifty day simple moving average of $80.37 and a 200 day simple moving average of $75.32.

Avantis U.S. Large Cap Value ETF Profile

The Avantis U.S. Large Cap Value ETF (AVLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap value companies selected based on fundamental criteria. AVLV was launched on Sep 21, 2021 and is managed by American Century Investments.