Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Bought by Austin Wealth Management LLC

Austin Wealth Management LLC raised its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 59,123 shares of the company’s stock after acquiring an additional 6,505 shares during the quarter. Austin Wealth Management LLC’s holdings in Avantis Real Estate ETF were worth $2,492,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Apella Capital LLC boosted its holdings in shares of Avantis Real Estate ETF by 1.3% during the 4th quarter. Apella Capital LLC now owns 28,568 shares of the company’s stock worth $1,198,000 after purchasing an additional 366 shares during the last quarter. DBK Financial Counsel LLC raised its position in shares of Avantis Real Estate ETF by 0.8% during the 4th 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. Cypress Point Wealth Management LLC raised its position in shares of Avantis Real Estate ETF by 7.8% during the 4th quarter. Cypress Point Wealth Management LLC now owns 6,099 shares of the company’s stock valued at $256,000 after buying an additional 442 shares during the period. Aspect Partners LLC raised its position in Avantis Real Estate ETF by 152.0% in the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock valued at $32,000 after purchasing an additional 456 shares during the period. Finally, Flagstone Financial Management raised its position in Avantis Real Estate ETF by 3.5% in the fourth quarter. Flagstone Financial Management now owns 20,452 shares of the company’s stock valued at $857,000 after purchasing an additional 696 shares during the period.

Avantis Real Estate ETF Stock Down 0.6 %

Shares of NYSEARCA AVRE opened at $42.90 on Wednesday. Avantis Real Estate ETF has a 52-week low of $38.74 and a 52-week high of $48.36. The business’s 50 day moving average is $42.72 and its two-hundred day moving average is $44.45. The firm has a market cap of $547.40 million, a price-to-earnings ratio of 28.25 and a beta of 1.02.

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.