Avantis Real Estate ETF $AVRE Stock Position Lifted by Financial Plan Inc.

Financial Plan Inc. raised its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 18.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 712,325 shares of the company’s stock after purchasing an additional 111,473 shares during the quarter. Avantis Real Estate ETF accounts for 3.4% of Financial Plan Inc.’s investment portfolio, making the stock its 10th largest position. Financial Plan Inc. owned approximately 4.29% of Avantis Real Estate ETF worth $31,357,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AVRE. AQR Capital Management LLC grew its position in Avantis Real Estate ETF by 38.9% during the first quarter. AQR Capital Management LLC now owns 29,597 shares of the company’s stock valued at $1,273,000 after buying an additional 8,289 shares during the period. Sentinel Wealth Management Inc. bought a new stake in Avantis Real Estate ETF in the second quarter worth about $2,687,000. MML Investors Services LLC boosted its stake in Avantis Real Estate ETF by 13.4% in the second quarter. MML Investors Services LLC now owns 61,291 shares of the company’s stock valued at $2,707,000 after acquiring an additional 7,226 shares during the last quarter. North Ridge Wealth Advisors Inc. boosted its stake in Avantis Real Estate ETF by 0.3% in the second quarter. North Ridge Wealth Advisors Inc. now owns 103,133 shares of the company’s stock valued at $4,554,000 after acquiring an additional 301 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Avantis Real Estate ETF by 7.1% in the third quarter. American Century Companies Inc. now owns 372,599 shares of the company’s stock valued at $16,573,000 after acquiring an additional 24,820 shares during the last quarter.

Avantis Real Estate ETF Stock Up 1.2%

Avantis Real Estate ETF stock opened at $48.02 on Friday. The firm has a 50 day moving average price of $47.45 and a 200-day moving average price of $45.97. Avantis Real Estate ETF has a twelve month low of $42.98 and a twelve month high of $48.44. The company has a market capitalization of $849.95 million, a P/E ratio of 28.60 and a beta of 0.90.

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.