Equita Financial Network Inc. Purchases 18,496 Shares of Avantis Real Estate ETF $AVRE

Equita Financial Network Inc. increased its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 10.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 188,285 shares of the company’s stock after purchasing an additional 18,496 shares during the period. Avantis Real Estate ETF comprises approximately 2.8% of Equita Financial Network Inc.’s holdings, making the stock its 10th largest position. Equita Financial Network Inc.’s holdings in Avantis Real Estate ETF were worth $8,375,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Clune & Associates LTD. raised its stake in shares of Avantis Real Estate ETF by 5.5% during the 2nd quarter. Clune & Associates LTD. now owns 4,985 shares of the company’s stock worth $220,000 after buying an additional 262 shares in the last quarter. Curio Wealth LLC grew its holdings in Avantis Real Estate ETF by 48,318.2% during the second quarter. Curio Wealth LLC now owns 5,326 shares of the company’s stock worth $235,000 after acquiring an additional 5,315 shares during the period. FMB Wealth Management grew its holdings in Avantis Real Estate ETF by 10.1% during the second quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock worth $256,000 after acquiring an additional 533 shares during the period. Good Life Advisors LLC raised its position in Avantis Real Estate ETF by 3.4% in the second quarter. Good Life Advisors LLC now owns 8,419 shares of the company’s stock worth $372,000 after acquiring an additional 274 shares in the last quarter. Finally, Morton Brown Family Wealth LLC raised its position in Avantis Real Estate ETF by 3.9% in the second quarter. Morton Brown Family Wealth LLC now owns 9,769 shares of the company’s stock worth $431,000 after acquiring an additional 371 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA AVRE opened at $43.99 on Friday. The firm has a market capitalization of $677.45 million, a P/E ratio of 28.60 and a beta of 0.93. Avantis Real Estate ETF has a one year low of $37.71 and a one year high of $45.43. The company’s fifty day moving average is $43.87 and its two-hundred day moving average is $44.22.

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.