Nicolet Bankshares Inc. Has $8.22 Million Holdings in Avantis Real Estate ETF $AVRE

Nicolet Bankshares Inc. raised its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 25.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 184,695 shares of the company’s stock after purchasing an additional 37,437 shares during the period. Avantis Real Estate ETF makes up approximately 1.3% of Nicolet Bankshares Inc.’s portfolio, making the stock its 13th biggest holding. Nicolet Bankshares Inc.’s holdings in Avantis Real Estate ETF were worth $8,215,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Good Life Advisors LLC increased its holdings in Avantis Real Estate ETF by 3.4% during the 2nd quarter. Good Life Advisors LLC now owns 8,419 shares of the company’s stock worth $372,000 after purchasing an additional 274 shares in the last quarter. North Ridge Wealth Advisors Inc. lifted its holdings in shares of 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 purchasing an additional 301 shares in the last quarter. Pacific Life Fund Advisors LLC lifted its holdings in shares of Avantis Real Estate ETF by 1.0% in 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 in the last quarter. Burk Holdings LLC boosted its position in shares of Avantis Real Estate ETF by 0.7% during the third quarter. Burk Holdings LLC now owns 62,741 shares of the company’s stock valued at $2,791,000 after buying an additional 418 shares during the last quarter. Finally, Willow Creek Wealth Management Inc. boosted its position in shares of Avantis Real Estate ETF by 6.6% during the third quarter. Willow Creek Wealth Management Inc. now owns 7,345 shares of the company’s stock valued at $327,000 after buying an additional 455 shares during the last quarter.

Avantis Real Estate ETF Trading Down 0.1%

Shares of Avantis Real Estate ETF stock opened at $45.19 on Friday. The company has a market capitalization of $704.96 million, a P/E ratio of 28.60 and a beta of 0.93. The stock has a fifty day simple moving average of $45.57 and a 200 day simple moving average of $44.69. Avantis Real Estate ETF has a 12-month low of $37.71 and a 12-month high of $47.81.

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.