Avantis Real Estate ETF (NYSEARCA:AVRE) Short Interest Update

Avantis Real Estate ETF (NYSEARCA:AVRE) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 44,434 shares, a growth of 123.3% from the January 29th total of 19,896 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 96,198 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 96,198 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On Avantis Real Estate ETF

Institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC raised its holdings in Avantis Real Estate ETF by 38.9% in the 1st quarter. AQR Capital Management LLC now owns 29,597 shares of the company’s stock worth $1,273,000 after acquiring an additional 8,289 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Avantis Real Estate ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 179,227 shares of the company’s stock worth $7,915,000 after acquiring an additional 18,042 shares during the period. Avant Financial Advisors LLC lifted its stake in shares of Avantis Real Estate ETF by 5.5% during the 2nd quarter. Avant Financial Advisors LLC now owns 13,363 shares of the company’s stock valued at $590,000 after buying an additional 698 shares in the last quarter. Entrewealth LLC boosted its stake in shares of Avantis Real Estate ETF by 58.3% in the second quarter. Entrewealth LLC now owns 23,305 shares of the company’s stock worth $1,029,000 after acquiring an additional 8,579 shares during the period. Finally, AE Wealth Management LLC grew its holdings in Avantis Real Estate ETF by 92.7% during the 2nd quarter. AE Wealth Management LLC now owns 20,450 shares of the company’s stock valued at $903,000 after buying an additional 9,836 shares in the last quarter.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA AVRE traded up $0.14 during mid-day trading on Friday, reaching $47.56. 73,966 shares of the company’s stock traded hands, compared to its average volume of 76,322. Avantis Real Estate ETF has a 1-year low of $37.71 and a 1-year high of $47.81. The stock has a market cap of $741.94 million, a P/E ratio of 28.60 and a beta of 0.93. The business has a 50-day simple moving average of $45.05 and a 200 day simple moving average of $44.56.

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.