Sequoia Financial Advisors LLC Acquires 43,925 Shares of Avantis Real Estate ETF $AVRE

Sequoia Financial Advisors LLC raised its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,031,592 shares of the company’s stock after buying an additional 43,925 shares during the period. Sequoia Financial Advisors LLC owned 5.73% of Avantis Real Estate ETF worth $48,877,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Seaside Wealth Management Inc. raised its holdings in Avantis Real Estate ETF by 12.2% during the fourth quarter. Seaside Wealth Management Inc. now owns 265,645 shares of the company’s stock worth $11,564,000 after acquiring an additional 28,877 shares in the last quarter. Sentinel Wealth Management Inc. grew its stake in Avantis Real Estate ETF by 13.6% in the first quarter. Sentinel Wealth Management Inc. now owns 135,448 shares of the company’s stock valued at $5,962,000 after purchasing an additional 16,166 shares in the last quarter. Cogent Private Wealth Inc. bought a new position in Avantis Real Estate ETF in the fourth quarter valued at approximately $699,000. Sprinkle Financial Consultants LLC increased its position in shares of Avantis Real Estate ETF by 39.9% during the 1st quarter. Sprinkle Financial Consultants LLC now owns 53,546 shares of the company’s stock worth $2,357,000 after purchasing an additional 15,277 shares during the last quarter. Finally, Rockwood Wealth Management LLC acquired a new position in shares of Avantis Real Estate ETF during the 1st quarter worth approximately $1,414,000.

Avantis Real Estate ETF Stock Down 0.9%

Shares of Avantis Real Estate ETF stock opened at $46.38 on Thursday. The stock has a market cap of $834.84 million, a P/E ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.72. The business’s 50 day moving average is $48.18 and its 200-day moving average is $47.21.

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.