Prairiewood Capital LLC Purchases 23,026 Shares of Avantis Real Estate ETF $AVRE

Prairiewood Capital LLC grew its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 308,563 shares of the company’s stock after buying an additional 23,026 shares during the quarter. Avantis Real Estate ETF accounts for approximately 3.9% of Prairiewood Capital LLC’s holdings, making the stock its 8th biggest holding. Prairiewood Capital LLC owned 1.86% of Avantis Real Estate ETF worth $13,583,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Corient Private Wealth LLC grew its stake in Avantis Real Estate ETF by 5.0% in the 4th quarter. Corient Private Wealth LLC now owns 170,079 shares of the company’s stock valued at $7,404,000 after acquiring an additional 8,130 shares during the last quarter. Axxcess Wealth Management LLC raised its position in Avantis Real Estate ETF by 154.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 61,803 shares of the company’s stock worth $2,690,000 after acquiring an additional 37,498 shares during the last quarter. AQR Capital Management LLC raised its position in Avantis Real Estate ETF by 1.0% during the fourth quarter. AQR Capital Management LLC now owns 33,766 shares of the company’s stock worth $1,470,000 after acquiring an additional 331 shares during the last quarter. GeoWealth Management LLC lifted its holdings in shares of Avantis Real Estate ETF by 10.6% in the fourth quarter. GeoWealth Management LLC now owns 26,038 shares of the company’s stock valued at $1,133,000 after purchasing an additional 2,496 shares in the last quarter. Finally, Capstone Financial Advisors Inc. lifted its holdings in shares of Avantis Real Estate ETF by 4.3% in the fourth quarter. Capstone Financial Advisors Inc. now owns 317,407 shares of the company’s stock valued at $13,817,000 after purchasing an additional 13,086 shares in the last quarter.

Avantis Real Estate ETF Price Performance

AVRE stock opened at $46.74 on Friday. The company’s 50 day simple moving average is $47.33 and its 200-day simple moving average is $45.72. The firm has a market capitalization of $785.23 million, a PE ratio of 28.60 and a beta of 0.90. Avantis Real Estate ETF has a 12 month low of $42.98 and a 12 month high of $48.34.

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.