8,331 Shares in Avantis Real Estate ETF (NYSEARCA:AVRE) Acquired by Ariadne Wealth Management LP

Ariadne Wealth Management LP purchased a new stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the fourth quarter, Holdings Channel.com reports. The firm purchased 8,331 shares of the company’s stock, valued at approximately $359,000.

A number of other hedge funds have also recently made changes to their positions in AVRE. Apella Capital LLC lifted its stake in Avantis Real Estate ETF by 1.3% in the fourth quarter. Apella Capital LLC now owns 28,568 shares of the company’s stock worth $1,198,000 after purchasing an additional 366 shares during the last quarter. DBK Financial Counsel LLC increased its holdings in shares of Avantis Real Estate ETF by 0.8% in the fourth quarter. DBK Financial Counsel LLC now owns 53,219 shares of the company’s stock worth $2,231,000 after buying an additional 424 shares during the period. Cypress Point Wealth Management LLC boosted its holdings in Avantis Real Estate ETF by 7.8% during the 4th quarter. Cypress Point Wealth Management LLC now owns 6,099 shares of the company’s stock valued at $256,000 after acquiring an additional 442 shares during the period. Aspect Partners LLC boosted its holdings in Avantis Real Estate ETF by 152.0% during the 4th quarter. Aspect Partners LLC now owns 756 shares of the company’s stock valued at $32,000 after acquiring an additional 456 shares during the period. Finally, Flagstone Financial Management boosted its holdings in Avantis Real Estate ETF by 3.5% during the 4th quarter. Flagstone Financial Management now owns 20,452 shares of the company’s stock valued at $857,000 after acquiring an additional 696 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of AVRE stock opened at $43.41 on Tuesday. Avantis Real Estate ETF has a fifty-two week low of $38.74 and a fifty-two week high of $48.36. The company has a market capitalization of $559.12 million, a P/E ratio of 25.53 and a beta of 1.01. The stock has a 50 day moving average price of $43.04 and a two-hundred day moving average price of $44.23.

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.