Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Bought by Diversified Portfolios Inc.

Diversified Portfolios Inc. grew its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 49.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,306 shares of the company’s stock after purchasing an additional 2,420 shares during the period. Diversified Portfolios Inc. owned approximately 0.07% of Avantis Real Estate ETF worth $344,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of AVRE. Hill Investment Group Partners LLC increased its position in shares of Avantis Real Estate ETF by 3.2% in the second quarter. Hill Investment Group Partners LLC now owns 731,855 shares of the company’s stock valued at $31,931,000 after buying an additional 22,604 shares in the last quarter. Jane Street Group LLC grew its position in shares of Avantis Real Estate ETF by 20.9% in the first quarter. Jane Street Group LLC now owns 559,171 shares of the company’s stock valued at $23,642,000 after purchasing an additional 96,813 shares during the period. Aprio Wealth Management LLC increased its stake in shares of Avantis Real Estate ETF by 111.3% during the second quarter. Aprio Wealth Management LLC now owns 516,219 shares of the company’s stock worth $21,279,000 after purchasing an additional 271,922 shares in the last quarter. Quantum Financial Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 2.9% during the third quarter. Quantum Financial Advisors LLC now owns 386,192 shares of the company’s stock worth $18,205,000 after purchasing an additional 10,911 shares in the last quarter. Finally, ShankerValleau Wealth Advisors Inc. raised its position in shares of Avantis Real Estate ETF by 6.2% during the 2nd quarter. ShankerValleau Wealth Advisors Inc. now owns 320,726 shares of the company’s stock worth $13,220,000 after purchasing an additional 18,786 shares during the last quarter.

Avantis Real Estate ETF Trading Down 0.6 %

AVRE stock opened at $44.17 on Friday. Avantis Real Estate ETF has a 12-month low of $38.74 and a 12-month high of $48.36. The business’s 50-day moving average is $46.21 and its 200 day moving average is $43.81. The stock has a market cap of $471.74 million, a price-to-earnings ratio of 19.23 and a beta of 0.85.

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.