Empowered Funds LLC Purchases 118,936 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Empowered Funds LLC raised its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 11.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,187,794 shares of the company’s stock after purchasing an additional 118,936 shares during the quarter. Avantis Real Estate ETF accounts for about 0.7% of Empowered Funds LLC’s holdings, making the stock its 14th biggest holding. Empowered Funds LLC owned about 11.12% of Avantis Real Estate ETF worth $49,792,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of AVRE. Good Life Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 3.3% in the third quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock valued at $383,000 after buying an additional 263 shares during the period. Sprinkle Financial Consultants LLC increased its stake in shares of Avantis Real Estate ETF by 1.7% in the third quarter. Sprinkle Financial Consultants LLC now owns 19,535 shares of the company’s stock valued at $921,000 after buying an additional 327 shares during the period. Morton Brown Family Wealth LLC increased its stake in shares of Avantis Real Estate ETF by 4.5% in the third quarter. Morton Brown Family Wealth LLC now owns 7,639 shares of the company’s stock valued at $360,000 after buying an additional 332 shares during the period. Apella Capital LLC increased its stake in shares of Avantis Real Estate ETF by 1.3% in the fourth quarter. Apella Capital LLC now owns 28,568 shares of the company’s stock valued at $1,198,000 after buying an additional 366 shares during the period. Finally, DBK Financial Counsel LLC increased its stake in shares of Avantis Real Estate ETF by 0.8% in the fourth quarter. DBK Financial Counsel LLC now owns 53,219 shares of the company’s stock valued at $2,231,000 after buying an additional 424 shares during the period.

Avantis Real Estate ETF Trading Down 0.3 %

Shares of AVRE stock opened at $42.99 on Friday. The stock has a 50-day moving average of $42.59 and a 200-day moving average of $44.52. Avantis Real Estate ETF has a 1-year low of $38.74 and a 1-year high of $48.36. The stock has a market cap of $459.13 million, a price-to-earnings ratio of 19.23 and a beta of 0.85.

About Avantis Real Estate ETF

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.