293,287 Shares of Avantis Real Estate ETF $AVRE Bought by LexAurum Advisors LLC

LexAurum Advisors LLC acquired a new stake in Avantis Real Estate ETF (NYSEARCA:AVRE) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 293,287 shares of the company’s stock, valued at approximately $13,007,000. Avantis Real Estate ETF makes up 1.5% of LexAurum Advisors LLC’s portfolio, making the stock its 14th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in AVRE. Cherry Tree Wealth Management LLC raised its holdings in Avantis Real Estate ETF by 79.1% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 944 shares of the company’s stock valued at $45,000 after buying an additional 417 shares during the last quarter. Root Financial Partners LLC bought a new stake in Avantis Real Estate ETF during the 1st quarter worth approximately $61,000. Torren Management LLC grew its holdings in Avantis Real Estate ETF by 7.7% during the 1st quarter. Torren Management LLC now owns 4,509 shares of the company’s stock worth $198,000 after acquiring an additional 323 shares during the last quarter. Cahill Financial Advisors Inc. acquired a new position in Avantis Real Estate ETF in the 2nd quarter valued at approximately $255,000. Finally, Evanson Financial LLC acquired a new position in Avantis Real Estate ETF in the 2nd quarter valued at approximately $280,000.

Avantis Real Estate ETF Stock Down 1.0%

Shares of AVRE stock traded down $0.46 during trading hours on Monday, hitting $44.56. 22,872 shares of the company’s stock traded hands, compared to its average volume of 67,680. The stock’s 50 day simple moving average is $46.25 and its 200 day simple moving average is $47.07. The stock has a market cap of $859.97 million, a PE ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a 12 month low of $42.98 and a 12 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.