Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Purchased by Red Lighthouse Investment Management LLC

Red Lighthouse Investment Management LLC boosted its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,812 shares of the company’s stock after purchasing an additional 4,333 shares during the period. Avantis Real Estate ETF comprises approximately 1.4% of Red Lighthouse Investment Management LLC’s holdings, making the stock its 13th largest position. Red Lighthouse Investment Management LLC owned about 0.97% of Avantis Real Estate ETF worth $3,413,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in Avantis Real Estate ETF by 1,287.2% in the fourth quarter. CWM LLC now owns 132,894 shares of the company’s stock valued at $5,756,000 after purchasing an additional 123,314 shares during the period. Annapolis Financial Services LLC lifted its position in Avantis Real Estate ETF by 514.4% in the fourth quarter. Annapolis Financial Services LLC now owns 4,645 shares of the company’s stock valued at $201,000 after purchasing an additional 3,889 shares during the period. AlphaQ Advisors LLC acquired a new stake in Avantis Real Estate ETF in the fourth quarter valued at about $389,000. HTG Investment Advisors Inc. acquired a new stake in Avantis Real Estate ETF in the fourth quarter valued at about $1,128,000. Finally, Morton Brown Family Wealth LLC lifted its position in Avantis Real Estate ETF by 192.4% in the fourth quarter. Morton Brown Family Wealth LLC now owns 7,189 shares of the company’s stock valued at $311,000 after purchasing an additional 4,730 shares during the period.

Avantis Real Estate ETF Stock Performance

NYSEARCA:AVRE traded up $0.03 during mid-day trading on Friday, reaching $39.53. The stock had a trading volume of 20,700 shares, compared to its average volume of 53,858. The firm has a market capitalization of $411.11 million, a price-to-earnings ratio of 18.77 and a beta of 0.96. Avantis Real Estate ETF has a twelve month low of $35.03 and a twelve month high of $43.95. The business has a 50 day simple moving average of $41.12 and a 200 day simple moving average of $40.64.

Avantis Real Estate ETF Company Profile

The Avantis Real Estate ETF (AVRE) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed fund that provides broad exposure to real estate securities around the world. AVRE was launched on Sep 28, 2021 and is managed by American Century Investments.