175,139 Shares of Avantis Real Estate ETF $AVRE Purchased by Level Financial Advisors

Level Financial Advisors bought a new position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 175,139 shares of the company’s stock, valued at approximately $7,767,000. Avantis Real Estate ETF makes up about 1.7% of Level Financial Advisors’ investment portfolio, making the stock its 19th largest holding. Level Financial Advisors owned about 0.91% of Avantis Real Estate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AVRE. Seaside Wealth Management Inc. grew its stake in Avantis Real Estate ETF by 12.2% during the 4th quarter. Seaside Wealth Management Inc. now owns 265,645 shares of the company’s stock worth $11,564,000 after buying an additional 28,877 shares during the last quarter. Sentinel Wealth Management Inc. increased its position in Avantis Real Estate ETF by 13.6% during the first quarter. Sentinel Wealth Management Inc. now owns 135,448 shares of the company’s stock worth $5,962,000 after buying an additional 16,166 shares during the period. SeedSafe Financial LLC purchased a new stake in Avantis Real Estate ETF in the second quarter valued at approximately $850,000. Sprinkle Financial Consultants LLC lifted its stake in Avantis Real Estate ETF by 39.9% in the first quarter. Sprinkle Financial Consultants LLC now owns 53,546 shares of the company’s stock valued at $2,357,000 after buying an additional 15,277 shares during the last quarter. Finally, Prairiewood Capital LLC boosted its holdings in shares of Avantis Real Estate ETF by 8.1% in the first quarter. Prairiewood Capital LLC now owns 308,563 shares of the company’s stock valued at $13,583,000 after acquiring an additional 23,026 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of AVRE stock traded up $0.05 during trading hours on Tuesday, hitting $44.83. The stock had a trading volume of 143,271 shares, compared to its average volume of 67,301. The firm has a market capitalization of $860.74 million, a PE ratio of 28.60 and a beta of 0.89. The stock’s 50 day moving average is $46.55 and its 200 day moving average is $47.03. Avantis Real Estate ETF has a twelve month low of $42.98 and a twelve month high of $49.72.

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.