Werba Rubin Papier Wealth Management Buys 8,393 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Werba Rubin Papier Wealth Management increased its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 89.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,792 shares of the company’s stock after buying an additional 8,393 shares during the period. Werba Rubin Papier Wealth Management’s holdings in Avantis Real Estate ETF were worth $839,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Cypress Point Wealth Management LLC purchased a new position in Avantis Real Estate ETF in the second quarter valued at approximately $211,000. Simplicity Wealth LLC bought a new stake in shares of Avantis Real Estate ETF in the second quarter valued at $313,000. Morton Brown Family Wealth LLC raised its stake in shares of Avantis Real Estate ETF by 62.6% in the second quarter. Morton Brown Family Wealth LLC now owns 7,307 shares of the company’s stock valued at $318,000 after buying an additional 2,813 shares during the period. Good Life Advisors LLC grew its stake in shares of Avantis Real Estate ETF by 3.3% during the 3rd quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock worth $383,000 after acquiring an additional 263 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Avantis Real Estate ETF by 16.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 10,647 shares of the company’s stock worth $436,000 after acquiring an additional 1,497 shares during the period.

Avantis Real Estate ETF Stock Up 0.4 %

NYSEARCA AVRE opened at $46.51 on Friday. The company has a market cap of $496.73 million, a PE ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a 52 week low of $35.03 and a 52 week high of $48.36. The firm’s 50-day simple moving average is $46.32 and its two-hundred day simple moving average is $43.17.

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.