Avantis Real Estate ETF $AVRE Shares Bought by Prairiewood Capital LLC

Prairiewood Capital LLC lifted its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 8.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,563 shares of the company’s stock after acquiring an additional 23,026 shares during the period. Avantis Real Estate ETF accounts for about 3.9% of Prairiewood Capital LLC’s investment portfolio, making the stock its 8th largest position. Prairiewood Capital LLC’s holdings in Avantis Real Estate ETF were worth $13,583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of AVRE. Empowered Funds LLC purchased a new stake in Avantis Real Estate ETF in the fourth quarter valued at approximately $50,048,000. Focus Partners Advisor Solutions LLC grew its stake in shares of Avantis Real Estate ETF by 96.8% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 634,648 shares of the company’s stock valued at $28,190,000 after buying an additional 312,084 shares during the period. Financial Plan Inc. acquired a new stake in shares of Avantis Real Estate ETF during the 4th quarter worth $26,155,000. Nicolet Advisory Services LLC increased its holdings in shares of Avantis Real Estate ETF by 46.7% during the 3rd 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 during the last quarter. Finally, Quantum Financial Advisors LLC raised its position in shares of Avantis Real Estate ETF by 6.4% in the 4th quarter. Quantum Financial Advisors LLC now owns 409,559 shares of the company’s stock worth $17,828,000 after buying an additional 24,568 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of AVRE opened at $46.74 on Friday. Avantis Real Estate ETF has a twelve month low of $42.98 and a twelve month high of $48.34. The firm has a market capitalization of $785.23 million, a P/E ratio of 28.60 and a beta of 0.90. The stock’s fifty day simple moving average is $47.33 and its 200 day simple moving average is $45.72.

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.