JPMorgan Chase & Co. Sells 23,110 Shares of Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV)

JPMorgan Chase & Co. lowered its position in Avantis U.S. Large Cap Value ETF (NYSEARCA:AVLV) by 12.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 170,256 shares of the company’s stock after selling 23,110 shares during the quarter. JPMorgan Chase & Co.’s holdings in Avantis U.S. Large Cap Value ETF were worth $11,368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Nixon Peabody Trust Co. raised its holdings in shares of Avantis U.S. Large Cap Value ETF by 5.7% in the 4th quarter. Nixon Peabody Trust Co. now owns 908,524 shares of the company’s stock valued at $60,662,000 after purchasing an additional 48,851 shares during the period. Advantage Trust Co raised its stake in Avantis U.S. Large Cap Value ETF by 74.2% in the fourth quarter. Advantage Trust Co now owns 110,446 shares of the company’s stock valued at $7,374,000 after buying an additional 47,054 shares during the period. Farther Finance Advisors LLC raised its stake in Avantis U.S. Large Cap Value ETF by 120.3% in the fourth quarter. Farther Finance Advisors LLC now owns 70,899 shares of the company’s stock valued at $4,734,000 after buying an additional 38,709 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in shares of Avantis U.S. Large Cap Value ETF by 80.9% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 60,356 shares of the company’s stock valued at $4,030,000 after buying an additional 26,984 shares during the last quarter. Finally, Fortitude Family Office LLC boosted its stake in shares of Avantis U.S. Large Cap Value ETF by 24.3% during the 4th quarter. Fortitude Family Office LLC now owns 100,447 shares of the company’s stock worth $6,707,000 after acquiring an additional 19,607 shares during the period.

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

AVLV stock opened at $60.34 on Monday. Avantis U.S. Large Cap Value ETF has a 1-year low of $55.67 and a 1-year high of $71.39. The business’s 50 day simple moving average is $65.82 and its 200 day simple moving average is $67.36. The firm has a market capitalization of $5.68 billion, a PE ratio of 15.83 and a beta of 1.01.

Avantis U.S. Large Cap Value ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.2671 dividend. This is an increase from Avantis U.S. Large Cap Value ETF’s previous dividend of $0.26. The ex-dividend date was Tuesday, March 25th.

About Avantis U.S. Large Cap Value ETF

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.