BetterWealth LLC Purchases 14,839 Shares of Avantis Real Estate ETF $AVRE

BetterWealth LLC grew its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 331,488 shares of the company’s stock after purchasing an additional 14,839 shares during the quarter. Avantis Real Estate ETF accounts for 3.3% of BetterWealth LLC’s investment portfolio, making the stock its 9th biggest position. BetterWealth LLC’s holdings in Avantis Real Estate ETF were worth $14,430,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. North Ridge Wealth Advisors Inc. raised its position in shares of Avantis Real Estate ETF by 0.3% during the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 103,133 shares of the company’s stock worth $4,554,000 after buying an additional 301 shares in the last quarter. Pacific Life Fund Advisors LLC lifted its stake in Avantis Real Estate ETF by 1.0% during the third quarter. Pacific Life Fund Advisors LLC now owns 35,614 shares of the company’s stock valued at $1,584,000 after purchasing an additional 360 shares during the last quarter. Burk Holdings LLC boosted its holdings in Avantis Real Estate ETF by 0.7% during the third quarter. Burk Holdings LLC now owns 62,741 shares of the company’s stock worth $2,791,000 after buying an additional 418 shares in the last quarter. Willow Creek Wealth Management Inc. boosted its stake in shares of Avantis Real Estate ETF by 6.6% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 7,345 shares of the company’s stock worth $327,000 after acquiring an additional 455 shares in the last quarter. Finally, Keb Asset Management LLC boosted its position in shares of Avantis Real Estate ETF by 4.9% in the 4th quarter. Keb Asset Management LLC now owns 11,319 shares of the company’s stock valued at $493,000 after purchasing an additional 529 shares during the period.

Avantis Real Estate ETF Price Performance

Avantis Real Estate ETF stock opened at $44.33 on Thursday. Avantis Real Estate ETF has a fifty-two week low of $37.71 and a fifty-two week high of $47.81. The company has a market cap of $691.55 million, a P/E ratio of 28.60 and a beta of 0.93. The firm’s 50 day simple moving average is $45.55 and its 200-day simple moving average is $44.64.

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.