Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Bought by Annapolis Financial Services LLC

Annapolis Financial Services LLC raised its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 514.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,645 shares of the company’s stock after purchasing an additional 3,889 shares during the quarter. Annapolis Financial Services LLC owned about 0.06% of Avantis Real Estate ETF worth $201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in AVRE. Morton Brown Family Wealth LLC acquired a new stake in shares of Avantis Real Estate ETF in the third quarter valued at approximately $92,000. IFP Advisors Inc increased its stake in shares of Avantis Real Estate ETF by 60.6% during the third quarter. IFP Advisors Inc now owns 3,152 shares of the company’s stock valued at $118,000 after acquiring an additional 1,189 shares during the period. Allworth Financial LP increased its stake in shares of Avantis Real Estate ETF by 586.0% during the fourth quarter. Allworth Financial LP now owns 4,857 shares of the company’s stock valued at $210,000 after acquiring an additional 4,149 shares during the period. MML Investors Services LLC acquired a new position in shares of Avantis Real Estate ETF during the second quarter valued at approximately $275,000. Finally, Legacy Financial Group Inc. acquired a new position in shares of Avantis Real Estate ETF during the fourth quarter valued at approximately $293,000.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA AVRE traded up $0.16 during mid-day trading on Friday, reaching $39.05. 30,803 shares of the company traded hands, compared to its average volume of 55,301. Avantis Real Estate ETF has a fifty-two week low of $35.03 and a fifty-two week high of $43.95. The firm has a market cap of $406.12 million, a PE ratio of 18.77 and a beta of 0.96. The stock has a fifty day simple moving average of $41.27 and a 200-day simple moving average of $40.55.

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.