10,900 Shares in Avantis Real Estate ETF (NYSEARCA:AVRE) Purchased by Entrewealth LLC

Entrewealth LLC acquired a new stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,900 shares of the company’s stock, valued at approximately $457,000. Entrewealth LLC owned 0.10% of Avantis Real Estate ETF at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Axxcess Wealth Management LLC lifted its position in Avantis Real Estate ETF by 10.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 17,350 shares of the company’s stock worth $727,000 after buying an additional 1,592 shares during the last quarter. Curio Wealth LLC bought a new stake in shares of Avantis Real Estate ETF in the 4th quarter worth about $207,000. Poinciana Advisors Group LLC purchased a new position in shares of Avantis Real Estate ETF during the 4th quarter worth about $627,000. Commonwealth Equity Services LLC grew its holdings in Avantis Real Estate ETF by 12.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 24,774 shares of the company’s stock valued at $1,039,000 after purchasing an additional 2,692 shares during the last quarter. Finally, Austin Wealth Management LLC raised its position in Avantis Real Estate ETF by 12.4% in the 4th quarter. Austin Wealth Management LLC now owns 59,123 shares of the company’s stock worth $2,492,000 after purchasing an additional 6,505 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA AVRE opened at $43.61 on Tuesday. The company has a market cap of $561.70 million, a P/E ratio of 25.53 and a beta of 1.01. The firm has a 50-day simple moving average of $42.83 and a two-hundred day simple moving average of $44.34. Avantis Real Estate ETF has a 1 year low of $38.74 and a 1 year high of $48.36.

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.