Rockwood Wealth Management LLC Takes Position in Avantis Real Estate ETF $AVRE

Rockwood Wealth Management LLC purchased a new position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 32,111 shares of the company’s stock, valued at approximately $1,414,000.

Several other hedge funds have also made changes to their positions in AVRE. Empowered Funds LLC acquired a new position in Avantis Real Estate ETF during the 4th quarter valued at approximately $50,048,000. Financial Plan Inc. lifted its stake in Avantis Real Estate ETF by 18.6% in the first quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock valued at $31,357,000 after buying an additional 111,473 shares during the last quarter. Nicolet Advisory Services LLC lifted its stake in Avantis Real Estate ETF by 46.7% in the third quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock valued at $21,103,000 after buying an additional 152,261 shares during the last quarter. Quantum Financial Advisors LLC boosted its holdings in shares of Avantis Real Estate ETF by 6.4% during the fourth quarter. Quantum Financial Advisors LLC now owns 409,559 shares of the company’s stock valued at $17,828,000 after acquiring an additional 24,568 shares during the period. Finally, ShankerValleau Wealth Advisors Inc. grew its position in shares of Avantis Real Estate ETF by 7.2% during the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 384,059 shares of the company’s stock worth $16,718,000 after acquiring an additional 25,782 shares during the last quarter.

Avantis Real Estate ETF Stock Up 1.0%

AVRE stock opened at $48.22 on Wednesday. The stock has a market cap of $858.32 million, a PE ratio of 28.60 and a beta of 0.90. The firm’s 50-day simple moving average is $47.50 and its 200 day simple moving average is $46.07. Avantis Real Estate ETF has a fifty-two week low of $42.98 and a fifty-two week high of $48.44.

Avantis Real Estate ETF 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.