MB Generational Wealth LLC Buys 7,545 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

MB Generational Wealth LLC raised its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 145.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,736 shares of the company’s stock after purchasing an additional 7,545 shares during the quarter. Avantis Real Estate ETF accounts for about 0.4% of MB Generational Wealth LLC’s holdings, making the stock its 29th biggest holding. MB Generational Wealth LLC owned approximately 0.12% of Avantis Real Estate ETF worth $600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of AVRE. Creative Planning lifted its holdings in shares of Avantis Real Estate ETF by 8.3% in the 3rd quarter. Creative Planning now owns 27,825 shares of the company’s stock worth $1,312,000 after acquiring an additional 2,136 shares during the last quarter. Collective Family Office LLC lifted its holdings in shares of Avantis Real Estate ETF by 12.8% in the 3rd quarter. Collective Family Office LLC now owns 98,553 shares of the company’s stock worth $4,646,000 after acquiring an additional 11,212 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Avantis Real Estate ETF by 16.4% in 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 last quarter. BWM Planning LLC bought a new stake in shares of Avantis Real Estate ETF in the 3rd quarter worth approximately $599,000. Finally, Hill Investment Group Partners LLC lifted its holdings in shares of Avantis Real Estate ETF by 3.2% in the 2nd quarter. Hill Investment Group Partners LLC now owns 731,855 shares of the company’s stock worth $31,931,000 after acquiring an additional 22,604 shares during the last quarter.

Avantis Real Estate ETF Stock Up 0.3 %

Shares of NYSEARCA AVRE opened at $44.31 on Monday. Avantis Real Estate ETF has a 52 week low of $38.74 and a 52 week high of $48.36. The firm’s fifty day moving average is $46.12 and its 200 day moving average is $43.90. The company has a market cap of $473.23 million, a price-to-earnings ratio of 19.23 and a beta of 0.85.

About Avantis Real Estate ETF

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.