Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Purchased by Apella Capital LLC

Apella Capital LLC boosted its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,568 shares of the company’s stock after purchasing an additional 366 shares during the quarter. Apella Capital LLC’s holdings in Avantis Real Estate ETF were worth $1,198,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC acquired a new stake in shares of Avantis Real Estate ETF in the third quarter valued at about $179,000. Cypress Point Wealth Management LLC grew its stake in Avantis Real Estate ETF by 10.3% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 5,657 shares of the company’s stock valued at $267,000 after acquiring an additional 530 shares in the last quarter. Nwam LLC purchased a new position in Avantis Real Estate ETF in the 3rd quarter worth approximately $295,000. Diversified Portfolios Inc. boosted its holdings in shares of Avantis Real Estate ETF by 49.5% during the 3rd quarter. Diversified Portfolios Inc. now owns 7,306 shares of the company’s stock worth $344,000 after purchasing an additional 2,420 shares during the last quarter. Finally, Morton Brown Family Wealth LLC grew its position in shares of Avantis Real Estate ETF by 4.5% in the third quarter. Morton Brown Family Wealth LLC now owns 7,639 shares of the company’s stock valued at $360,000 after purchasing an additional 332 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of Avantis Real Estate ETF stock opened at $41.25 on Wednesday. The business’s 50 day moving average price is $43.48 and its 200 day moving average price is $44.53. The company has a market cap of $440.55 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a one year low of $38.74 and a one year high of $48.36.

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.