IFP Advisors Inc Buys 5,761 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

IFP Advisors Inc boosted its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 181.5% in the fourth quarter, Holdings Channel reports. The firm owned 8,935 shares of the company’s stock after acquiring an additional 5,761 shares during the period. IFP Advisors Inc’s holdings in Avantis Real Estate ETF were worth $375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in AVRE. Life Planning Partners Inc boosted its position in Avantis Real Estate ETF by 4,382.9% during the fourth quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock worth $47,000 after purchasing an additional 1,102,704 shares during the period. LexAurum Advisors LLC bought a new stake in Avantis Real Estate ETF during the fourth quarter worth approximately $5,239,000. Empowered Funds LLC boosted its position in Avantis Real Estate ETF by 11.1% during the fourth quarter. Empowered Funds LLC now owns 1,187,794 shares of the company’s stock worth $49,792,000 after purchasing an additional 118,936 shares during the period. Physician Wealth Solutions Inc. boosted its position in Avantis Real Estate ETF by 21.8% during the third quarter. Physician Wealth Solutions Inc. now owns 310,991 shares of the company’s stock worth $14,169,000 after purchasing an additional 55,686 shares during the period. Finally, ShankerValleau Wealth Advisors Inc. boosted its position in Avantis Real Estate ETF by 14.0% during the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 321,502 shares of the company’s stock worth $13,477,000 after purchasing an additional 39,520 shares during the period.

Avantis Real Estate ETF Stock Up 0.3 %

Shares of AVRE stock opened at $43.90 on Friday. Avantis Real Estate ETF has a 12 month low of $38.74 and a 12 month high of $48.36. The firm has a market cap of $560.16 million, a PE ratio of 28.25 and a beta of 1.02. The stock has a 50 day moving average of $42.51 and a 200-day moving average of $44.50.

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.