Quantum Financial Advisors LLC Raises Stock Holdings in Avantis Real Estate ETF $AVRE

Quantum Financial Advisors LLC raised its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 455,253 shares of the company’s stock after buying an additional 31,011 shares during the quarter. Avantis Real Estate ETF comprises about 1.9% of Quantum Financial Advisors LLC’s portfolio, making the stock its 12th biggest holding. Quantum Financial Advisors LLC owned about 2.56% of Avantis Real Estate ETF worth $21,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. Empowered Funds LLC acquired a new stake in shares of Avantis Real Estate ETF during the fourth quarter valued at about $50,048,000. Sequoia Financial Advisors LLC lifted its holdings in shares of Avantis Real Estate ETF by 169.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 987,667 shares of the company’s stock worth $43,477,000 after acquiring an additional 620,655 shares during the last quarter. Financial Plan Inc. purchased a new position in shares of Avantis Real Estate ETF during the 4th quarter worth approximately $26,155,000. Axxcess Wealth Management LLC boosted its position in shares of Avantis Real Estate ETF by 302.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 97,710 shares of the company’s stock worth $4,253,000 after purchasing an additional 73,405 shares during the period. Finally, Networth Advisors LLC acquired a new stake in Avantis Real Estate ETF in the 4th quarter valued at approximately $2,851,000.

Avantis Real Estate ETF Stock Performance

Avantis Real Estate ETF stock opened at $48.58 on Friday. The company has a market capitalization of $874.44 million, a PE ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a fifty-two week low of $42.98 and a fifty-two week high of $49.72. The firm has a 50 day moving average price of $47.99 and a 200 day moving average price of $46.82.

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.