ShankerValleau Wealth Advisors Inc. Has $18.20 Million Position in Avantis Real Estate ETF $AVRE

ShankerValleau Wealth Advisors Inc. boosted its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 2.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 384,164 shares of the company’s stock after buying an additional 10,520 shares during the quarter. Avantis Real Estate ETF comprises 4.8% of ShankerValleau Wealth Advisors Inc.’s portfolio, making the stock its 7th biggest holding. ShankerValleau Wealth Advisors Inc. owned 2.16% of Avantis Real Estate ETF worth $18,202,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in shares of Avantis Real Estate ETF by 38.9% during 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 in the last quarter. Sentinel Wealth Management Inc. bought a new position in shares of Avantis Real Estate ETF in the 2nd quarter valued at approximately $2,687,000. MML Investors Services LLC raised its stake in shares of Avantis Real Estate ETF by 13.4% in the 2nd quarter. MML Investors Services LLC now owns 61,291 shares of the company’s stock valued at $2,707,000 after acquiring an additional 7,226 shares in the last quarter. North Ridge Wealth Advisors Inc. lifted its holdings in Avantis Real Estate ETF by 0.3% in the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 103,133 shares of the company’s stock worth $4,554,000 after purchasing an additional 301 shares during the last quarter. Finally, PCG Wealth Advisors LLC acquired a new stake in Avantis Real Estate ETF in the 3rd quarter worth approximately $1,501,000.

Avantis Real Estate ETF Stock Down 1.4%

Shares of Avantis Real Estate ETF stock opened at $47.89 on Tuesday. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.72. The stock has a 50 day moving average price of $48.02 and a two-hundred day moving average price of $46.85. The stock has a market capitalization of $862.02 million, a P/E ratio of 28.60 and a beta of 0.89.

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.