Austin Wealth Management LLC Raises Stock Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

Austin Wealth Management LLC increased its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,123 shares of the company’s stock after acquiring an additional 6,505 shares during the period. Austin Wealth Management LLC owned approximately 0.55% of Avantis Real Estate ETF worth $2,492,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFP Advisors Inc raised its stake in shares of Avantis Real Estate ETF by 181.5% during the 4th quarter. IFP Advisors Inc now owns 8,935 shares of the company’s stock valued at $375,000 after buying an additional 5,761 shares during the last quarter. Aptus Capital Advisors LLC purchased a new position in shares of Avantis Real Estate ETF during the 3rd quarter valued at about $179,000. Diversified Portfolios Inc. raised its stake in shares of Avantis Real Estate ETF by 49.5% during the 3rd quarter. Diversified Portfolios Inc. now owns 7,306 shares of the company’s stock valued at $344,000 after buying an additional 2,420 shares during the last quarter. Nwam LLC purchased a new position in shares of Avantis Real Estate ETF in the 3rd quarter valued at about $295,000. Finally, Equita Financial Network Inc. increased its stake in shares of Avantis Real Estate ETF by 12.9% in the 3rd quarter. Equita Financial Network Inc. now owns 148,096 shares of the company’s stock valued at $6,981,000 after purchasing an additional 16,935 shares in the last quarter.

Avantis Real Estate ETF Stock Down 0.6 %

Shares of Avantis Real Estate ETF stock opened at $42.90 on Wednesday. Avantis Real Estate ETF has a twelve month low of $38.74 and a twelve month high of $48.36. The business has a 50-day moving average price of $42.72 and a 200 day moving average price of $44.45. The firm has a market cap of $547.40 million, a PE ratio of 28.25 and a beta of 1.02.

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.