Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Sold by Level Financial Advisors

Level Financial Advisors lowered its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 1.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 156,800 shares of the company’s stock after selling 2,123 shares during the period. Avantis Real Estate ETF accounts for 3.0% of Level Financial Advisors’ investment portfolio, making the stock its 9th largest holding. Level Financial Advisors’ holdings in Avantis Real Estate ETF were worth $6,629,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AVRE. True Wealth Design LLC acquired a new stake in Avantis Real Estate ETF during the 4th quarter worth $136,000. Annapolis Financial Services LLC boosted its stake in Avantis Real Estate ETF by 514.4% during the 4th quarter. Annapolis Financial Services LLC now owns 4,645 shares of the company’s stock worth $201,000 after purchasing an additional 3,889 shares during the period. Allworth Financial LP boosted its stake in Avantis Real Estate ETF by 586.0% during the 4th quarter. Allworth Financial LP now owns 4,857 shares of the company’s stock worth $210,000 after purchasing an additional 4,149 shares during the period. Wealthcare Advisory Partners LLC acquired a new stake in Avantis Real Estate ETF during the 4th quarter worth $221,000. Finally, Good Life Advisors LLC acquired a new stake in Avantis Real Estate ETF during the 4th quarter worth $298,000.

Avantis Real Estate ETF Stock Up 0.4 %

NYSEARCA:AVRE traded up $0.16 during trading hours on Thursday, reaching $41.22. 16,023 shares of the company’s stock were exchanged, compared to its average volume of 54,146. The firm has a market capitalization of $440.23 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. The company has a 50-day moving average of $40.99 and a 200 day moving average of $41.40. Avantis Real Estate ETF has a 1-year low of $35.03 and a 1-year high of $43.95.

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.