MB Generational Wealth LLC Takes Position in Avantis Real Estate ETF $AVRE

MB Generational Wealth LLC acquired a new stake in Avantis Real Estate ETF (NYSEARCA:AVRE) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,808 shares of the company’s stock, valued at approximately $926,000. Avantis Real Estate ETF accounts for about 0.6% of MB Generational Wealth LLC’s holdings, making the stock its 26th biggest holding. MB Generational Wealth LLC owned 0.14% of Avantis Real Estate ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Quantum Financial Advisors LLC grew its holdings in Avantis Real Estate ETF by 6.1% during the 3rd quarter. Quantum Financial Advisors LLC now owns 384,991 shares of the company’s stock worth $17,124,000 after acquiring an additional 22,192 shares during the last quarter. ShankerValleau Wealth Advisors Inc. lifted its holdings in shares of Avantis Real Estate ETF by 6.1% during the third quarter. ShankerValleau Wealth Advisors Inc. now owns 358,277 shares of the company’s stock worth $15,936,000 after purchasing an additional 20,496 shares during the period. American Century Companies Inc. grew its stake in shares of Avantis Real Estate ETF by 7.2% in the second quarter. American Century Companies Inc. now owns 347,779 shares of the company’s stock worth $15,358,000 after purchasing an additional 23,492 shares during the last quarter. Focus Partners Advisor Solutions LLC grew its stake in shares of Avantis Real Estate ETF by 464.4% in the second quarter. Focus Partners Advisor Solutions LLC now owns 322,564 shares of the company’s stock worth $14,244,000 after purchasing an additional 265,416 shares during the last quarter. Finally, BetterWealth LLC increased its holdings in Avantis Real Estate ETF by 0.8% in the third quarter. BetterWealth LLC now owns 316,649 shares of the company’s stock valued at $14,085,000 after purchasing an additional 2,609 shares during the period.

Avantis Real Estate ETF Stock Up 1.4%

Shares of NYSEARCA:AVRE opened at $45.46 on Monday. The firm has a market cap of $709.18 million, a P/E ratio of 28.60 and a beta of 0.93. Avantis Real Estate ETF has a 12-month low of $37.71 and a 12-month high of $45.49. The business has a fifty day simple moving average of $44.08 and a 200 day simple moving average of $44.27.

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.