Nixon Peabody Trust Co. Increases Stock Holdings in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)

Nixon Peabody Trust Co. raised its stake in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 908,524 shares of the company’s stock after purchasing an additional 48,851 shares during the quarter. Avantis U.S. Large Cap Value ETF accounts for about 5.0% of Nixon Peabody Trust Co.’s portfolio, making the stock its 4th biggest position. Nixon Peabody Trust Co. owned approximately 1.70% of Avantis U.S. Large Cap Value ETF worth $60,662,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Roxbury Financial LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the fourth quarter valued at approximately $41,000. Lam Group Inc. increased its position in shares of Avantis U.S. Large Cap Value ETF by 20.0% during the fourth quarter. Lam Group Inc. now owns 7,455 shares of the company’s stock valued at $498,000 after acquiring an additional 1,245 shares during the last quarter. BIP Wealth LLC increased its position in shares of Avantis U.S. Large Cap Value ETF by 40.9% during the third quarter. BIP Wealth LLC now owns 4,905 shares of the company’s stock valued at $323,000 after acquiring an additional 1,425 shares during the last quarter. Strategic Blueprint LLC increased its position in shares of Avantis U.S. Large Cap Value ETF by 1.0% during the fourth quarter. Strategic Blueprint LLC now owns 314,379 shares of the company’s stock valued at $20,991,000 after acquiring an additional 3,200 shares during the last quarter. Finally, Team Financial Group LLC purchased a new stake in shares of Avantis U.S. Large Cap Value ETF during the fourth quarter valued at approximately $214,000.

Avantis U.S. Large Cap Value ETF Trading Up 1.4 %

Shares of AVLV opened at $68.75 on Friday. The stock has a 50 day moving average of $68.64 and a 200 day moving average of $67.32. Avantis U.S. Large Cap Value ETF has a 12 month low of $59.22 and a 12 month high of $71.39. The company has a market capitalization of $5.77 billion, a price-to-earnings ratio of 16.43 and a beta of 1.01.

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.