Morton Brown Family Wealth LLC Has $431,000 Holdings in Avantis Real Estate ETF $AVRE

Morton Brown Family Wealth LLC raised its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,769 shares of the company’s stock after buying an additional 371 shares during the quarter. Morton Brown Family Wealth LLC owned 0.07% of Avantis Real Estate ETF worth $431,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AVRE. CCM Investment Group LLC acquired a new position in shares of Avantis Real Estate ETF during the first quarter worth approximately $51,427,000. Focus Partners Wealth acquired a new position in shares of Avantis Real Estate ETF during the first quarter worth approximately $13,075,000. Sequoia Financial Advisors LLC acquired a new position in shares of Avantis Real Estate ETF during the first quarter worth approximately $5,365,000. Simplicity Wealth LLC raised its position in shares of Avantis Real Estate ETF by 113.4% during the second quarter. Simplicity Wealth LLC now owns 207,576 shares of the company’s stock worth $9,167,000 after purchasing an additional 110,301 shares during the period. Finally, LexAurum Advisors LLC raised its position in shares of Avantis Real Estate ETF by 47.0% during the second quarter. LexAurum Advisors LLC now owns 199,629 shares of the company’s stock worth $8,816,000 after purchasing an additional 63,794 shares during the period.

Avantis Real Estate ETF Stock Down 0.5%

Shares of NYSEARCA:AVRE opened at $43.67 on Friday. Avantis Real Estate ETF has a twelve month low of $37.71 and a twelve month high of $46.72. The stock’s 50 day moving average is $44.45 and its 200-day moving average is $43.79. The firm has a market capitalization of $655.05 million, a price-to-earnings ratio of 28.60 and a beta of 0.96.

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.