Torren Management LLC Purchases 12,285 Shares of Avantis Real Estate ETF $AVRE

Torren Management LLC boosted its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 272.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 16,794 shares of the company’s stock after purchasing an additional 12,285 shares during the period. Avantis Real Estate ETF makes up approximately 0.4% of Torren Management LLC’s holdings, making the stock its 20th biggest position. Torren Management LLC’s holdings in Avantis Real Estate ETF were worth $796,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in Avantis Real Estate ETF during the 1st quarter worth about $61,000. Farther Finance Advisors LLC lifted its stake in shares of Avantis Real Estate ETF by 749.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,013 shares of the company’s stock valued at $88,000 after purchasing an additional 1,776 shares during the period. Lloyd Advisory Services LLC. acquired a new position in shares of Avantis Real Estate ETF in the 4th quarter valued at about $91,000. Nwam LLC boosted its position in shares of Avantis Real Estate ETF by 7.6% during the 4th quarter. Nwam LLC now owns 5,385 shares of the company’s stock valued at $234,000 after purchasing an additional 382 shares in the last quarter. Finally, Curio Wealth LLC boosted its position in shares of Avantis Real Estate ETF by 6.4% during the 4th quarter. Curio Wealth LLC now owns 5,903 shares of the company’s stock valued at $258,000 after purchasing an additional 353 shares in the last quarter.

Avantis Real Estate ETF Price Performance

NYSEARCA AVRE opened at $47.63 on Wednesday. The business has a 50 day simple moving average of $48.03 and a 200 day simple moving average of $46.88. Avantis Real Estate ETF has a one year low of $42.98 and a one year high of $49.72. The stock has a market capitalization of $857.34 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.