ShankerValleau Wealth Advisors Inc. Has $13.22 Million Stock Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

ShankerValleau Wealth Advisors Inc. grew its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 320,726 shares of the company’s stock after acquiring an additional 18,786 shares during the quarter. Avantis Real Estate ETF comprises 5.7% of ShankerValleau Wealth Advisors Inc.’s holdings, making the stock its 6th largest holding. ShankerValleau Wealth Advisors Inc.’s holdings in Avantis Real Estate ETF were worth $13,220,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC purchased a new position in Avantis Real Estate ETF in the fourth quarter worth $136,000. Annapolis Financial Services LLC boosted its position in Avantis Real Estate ETF by 514.4% in the fourth 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 last quarter. Allworth Financial LP boosted its position in Avantis Real Estate ETF by 586.0% in the fourth 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 last quarter. Wealthcare Advisory Partners LLC bought a new stake in shares of Avantis Real Estate ETF in the fourth quarter valued at $221,000. Finally, Morton Brown Family Wealth LLC raised its stake in shares of Avantis Real Estate ETF by 192.4% in the fourth quarter. Morton Brown Family Wealth LLC now owns 7,189 shares of the company’s stock valued at $311,000 after buying an additional 4,730 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of AVRE traded up $0.13 during mid-day trading on Friday, hitting $44.32. The stock had a trading volume of 75,676 shares, compared to its average volume of 51,915. The firm has a market cap of $473.34 million, a P/E ratio of 19.23 and a beta of 0.85. The business has a fifty day moving average price of $41.98 and a 200-day moving average price of $41.43. Avantis Real Estate ETF has a 52 week low of $35.03 and a 52 week high of $44.62.

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.