Nicolet Advisory Services LLC Has $11.71 Million Stock Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

Nicolet Advisory Services LLC increased its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 288,392 shares of the company’s stock after buying an additional 13,621 shares during the quarter. Avantis Real Estate ETF accounts for about 1.1% of Nicolet Advisory Services LLC’s investment portfolio, making the stock its 20th largest position. Nicolet Advisory Services LLC owned 2.70% of Avantis Real Estate ETF worth $11,714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Aspect Partners LLC raised its stake in Avantis Real Estate ETF by 152.0% during the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after acquiring an additional 456 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Avantis Real Estate ETF during the fourth quarter worth approximately $46,000. SJS Investment Consulting Inc. bought a new position in shares of Avantis Real Estate ETF in the fourth quarter valued at approximately $79,000. JPMorgan Chase & Co. boosted its holdings in shares of Avantis Real Estate ETF by 276.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock worth $106,000 after acquiring an additional 1,857 shares in the last quarter. Finally, Curio Wealth LLC bought a new stake in Avantis Real Estate ETF during the 4th quarter worth approximately $207,000.

Avantis Real Estate ETF Stock Performance

Shares of AVRE opened at $43.36 on Thursday. The stock has a fifty day moving average price of $43.17 and a two-hundred day moving average price of $44.04. Avantis Real Estate ETF has a 52-week low of $38.74 and a 52-week high of $48.36. The company has a market cap of $565.41 million, a price-to-earnings ratio of 25.69 and a beta of 0.98.

Avantis Real Estate ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.2739 dividend. The ex-dividend date was Tuesday, March 25th.

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.