Avantis Real Estate ETF $AVRE Shares Bought by Sprinkle Financial Consultants LLC

Sprinkle Financial Consultants LLC grew its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 39.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,546 shares of the company’s stock after purchasing an additional 15,277 shares during the period. Avantis Real Estate ETF comprises approximately 1.1% of Sprinkle Financial Consultants LLC’s investment portfolio, making the stock its 26th largest holding. Sprinkle Financial Consultants LLC owned 0.32% of Avantis Real Estate ETF worth $2,357,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Empowered Funds LLC acquired a new stake in shares of Avantis Real Estate ETF during the 4th quarter worth approximately $50,048,000. Focus Partners Advisor Solutions LLC lifted 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 purchasing an additional 312,084 shares during the period. Financial Plan Inc. purchased a new stake in Avantis Real Estate ETF during the fourth quarter worth $26,155,000. Nicolet Advisory Services LLC boosted its holdings in Avantis Real Estate ETF by 46.7% during the third quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock worth $21,103,000 after buying an additional 152,261 shares in the last quarter. Finally, Quantum Financial Advisors LLC grew its position in Avantis Real Estate ETF by 6.4% during the fourth quarter. Quantum Financial Advisors LLC now owns 409,559 shares of the company’s stock valued at $17,828,000 after buying an additional 24,568 shares during the period.

Avantis Real Estate ETF Stock Performance

AVRE stock opened at $46.74 on Monday. Avantis Real Estate ETF has a one year low of $42.98 and a one year high of $48.34. The firm’s fifty day moving average is $47.33 and its 200 day moving average is $45.73. The firm has a market cap of $785.23 million, a PE ratio of 28.60 and a beta of 0.90.

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.