Park Avenue Securities LLC Acquires 12,356 Shares of Avantis Real Estate ETF $AVRE

Park Avenue Securities LLC raised its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 113,430 shares of the company’s stock after acquiring an additional 12,356 shares during the quarter. Park Avenue Securities LLC’s holdings in Avantis Real Estate ETF were worth $4,938,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AVRE. Focus Partners Advisor Solutions LLC increased its stake in shares of Avantis Real Estate ETF by 96.8% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 634,648 shares of the company’s stock valued at $28,190,000 after acquiring an additional 312,084 shares in the last quarter. Nicolet Advisory Services LLC lifted its position in shares of Avantis Real Estate ETF by 46.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock valued at $21,103,000 after acquiring an additional 152,261 shares during the period. Sequoia Financial Advisors LLC boosted its stake in Avantis Real Estate ETF by 90.8% during the third quarter. Sequoia Financial Advisors LLC now owns 237,754 shares of the company’s stock worth $10,575,000 after acquiring an additional 113,170 shares in the last quarter. Burk Holdings LLC bought a new position in Avantis Real Estate ETF during the second quarter worth $2,752,000. Finally, Sentinel Wealth Management Inc. acquired a new stake in Avantis Real Estate ETF in the second quarter worth $2,687,000.

Avantis Real Estate ETF Trading Down 3.1%

AVRE opened at $43.65 on Friday. The company has a fifty day moving average price of $45.70 and a two-hundred day moving average price of $44.70. Avantis Real Estate ETF has a 1-year low of $37.71 and a 1-year high of $47.81. The company has a market cap of $680.94 million, a P/E ratio of 28.60 and a beta of 0.93.

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.