Chicago Partners Investment Group LLC Buys New Stake in Avantis Real Estate ETF $AVRE

Chicago Partners Investment Group LLC bought a new position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 105,521 shares of the company’s stock, valued at approximately $4,800,000.

Other hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC boosted its stake in Avantis Real Estate ETF by 7.6% in the 1st quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock valued at $54,478,000 after purchasing an additional 87,835 shares during the period. Sequoia Financial Advisors LLC increased its position in Avantis Real Estate ETF by 4.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,031,592 shares of the company’s stock worth $48,877,000 after buying an additional 43,925 shares during the period. Quantum Financial Advisors LLC increased its position in Avantis Real Estate ETF by 7.3% during the 2nd quarter. Quantum Financial Advisors LLC now owns 455,253 shares of the company’s stock worth $21,570,000 after buying an additional 31,011 shares during the period. ShankerValleau Wealth Advisors Inc. lifted its holdings in shares of Avantis Real Estate ETF by 2.8% during the second quarter. ShankerValleau Wealth Advisors Inc. now owns 384,164 shares of the company’s stock worth $18,202,000 after buying an additional 10,520 shares in the last quarter. Finally, Prairiewood Capital LLC lifted its holdings in shares of Avantis Real Estate ETF by 7.4% during the third quarter. Prairiewood Capital LLC now owns 342,425 shares of the company’s stock worth $15,187,000 after buying an additional 23,567 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

AVRE opened at $47.04 on Friday. The stock has a fifty day moving average of $45.60 and a 200-day moving average of $46.61. The company has a market capitalization of $903.17 million, a P/E ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a fifty-two week low of $42.98 and a fifty-two week high of $49.72.

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.