Savant Capital LLC Acquires New Holdings in Avantis Real Estate ETF $AVRE

Savant Capital LLC bought a new position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 20,887 shares of the company’s stock, valued at approximately $929,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Quantum Financial Advisors LLC raised its stake in shares of Avantis Real Estate ETF by 6.1% during the third quarter. Quantum Financial Advisors LLC now owns 384,991 shares of the company’s stock valued at $17,124,000 after acquiring an additional 22,192 shares during the last quarter. ShankerValleau Wealth Advisors Inc. grew its stake in shares of Avantis Real Estate ETF by 6.1% in the third quarter. ShankerValleau Wealth Advisors Inc. now owns 358,277 shares of the company’s stock worth $15,936,000 after purchasing an additional 20,496 shares during the last quarter. American Century Companies Inc. increased its holdings in Avantis Real Estate ETF by 7.2% in the second quarter. American Century Companies Inc. now owns 347,779 shares of the company’s stock valued at $15,358,000 after purchasing an additional 23,492 shares during the period. Focus Partners Advisor Solutions LLC increased its holdings in Avantis Real Estate ETF by 464.4% in the second quarter. Focus Partners Advisor Solutions LLC now owns 322,564 shares of the company’s stock valued at $14,244,000 after purchasing an additional 265,416 shares during the period. Finally, BetterWealth LLC raised its position in Avantis Real Estate ETF by 0.8% during the 3rd quarter. BetterWealth LLC now owns 316,649 shares of the company’s stock worth $14,085,000 after purchasing an additional 2,609 shares during the last quarter.

Avantis Real Estate ETF Trading Up 1.2%

Shares of AVRE opened at $46.31 on Wednesday. The stock’s 50-day moving average price is $44.16 and its two-hundred day moving average price is $44.28. Avantis Real Estate ETF has a 12 month low of $37.71 and a 12 month high of $46.38. The company has a market capitalization of $722.44 million, a PE ratio of 28.60 and a beta of 0.93.

Avantis Real Estate ETF 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.