Avantis Real Estate ETF $AVRE Shares Acquired by Clune & Associates LTD.

Clune & Associates LTD. boosted its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.5% in the 2nd quarter, Holdings Channel reports. The firm owned 4,985 shares of the company’s stock after purchasing an additional 262 shares during the period. Clune & Associates LTD.’s holdings in Avantis Real Estate ETF were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of AVRE. Morton Brown Family Wealth LLC increased its stake in Avantis Real Estate ETF by 3.9% in the second quarter. Morton Brown Family Wealth LLC now owns 9,769 shares of the company’s stock valued at $431,000 after purchasing an additional 371 shares during the period. Chicago Partners Investment Group LLC grew its holdings in shares of Avantis Real Estate ETF by 0.5% during the first quarter. Chicago Partners Investment Group LLC now owns 94,110 shares of the company’s stock worth $4,120,000 after buying an additional 450 shares during the last quarter. Parkworth Wealth Management Inc. grew its holdings in shares of Avantis Real Estate ETF by 2.5% during the first quarter. Parkworth Wealth Management Inc. now owns 20,214 shares of the company’s stock worth $869,000 after buying an additional 494 shares during the last quarter. FMB Wealth Management increased its position in Avantis Real Estate ETF by 10.1% in the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock valued at $256,000 after acquiring an additional 533 shares during the period. Finally, Endeavor Private Wealth Inc. increased its position in Avantis Real Estate ETF by 7.1% in the 1st quarter. Endeavor Private Wealth Inc. now owns 9,753 shares of the company’s stock valued at $419,000 after acquiring an additional 649 shares during the period.

Avantis Real Estate ETF Trading Up 0.8%

Avantis Real Estate ETF stock opened at $45.09 on Tuesday. The stock has a 50 day moving average of $44.48 and a two-hundred day moving average of $43.88. Avantis Real Estate ETF has a twelve month low of $37.71 and a twelve month high of $46.41. The stock has a market capitalization of $676.35 million, a price-to-earnings ratio of 28.60 and a beta of 0.96.

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.