Avantis Real Estate ETF $AVRE Shares Newly Acquired by LexAurum Advisors LLC

LexAurum Advisors LLC purchased a new stake in Avantis Real Estate ETF (NYSEARCA:AVRE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 293,287 shares of the company’s stock, valued at approximately $13,007,000. Avantis Real Estate ETF makes up approximately 1.5% of LexAurum Advisors LLC’s investment portfolio, making the stock its 14th largest holding. LexAurum Advisors LLC owned about 1.52% of Avantis Real Estate ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in AVRE. Sequoia Financial Advisors LLC increased its position in Avantis Real Estate ETF by 169.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 987,667 shares of the company’s stock worth $43,477,000 after purchasing an additional 620,655 shares in the last quarter. Level Financial Advisors acquired a new stake in Avantis Real Estate ETF in the third quarter valued at approximately $7,767,000. Collective Family Office LLC bought a new stake in shares of Avantis Real Estate ETF during the third quarter worth $5,726,000. Financial Plan Inc. grew its stake in shares of Avantis Real Estate ETF by 18.6% during the first quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock worth $31,357,000 after buying an additional 111,473 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Avantis Real Estate ETF by 7.6% during the first quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock worth $54,478,000 after buying an additional 87,835 shares during the last quarter.

Avantis Real Estate ETF Stock Down 1.0%

Shares of NYSEARCA:AVRE traded down $0.46 during trading on Monday, hitting $44.56. 22,872 shares of the company were exchanged, compared to its average volume of 67,680. Avantis Real Estate ETF has a 1-year low of $42.98 and a 1-year high of $49.72. The company has a market capitalization of $859.97 million, a P/E ratio of 28.60 and a beta of 0.89. The business’s 50 day moving average is $46.25 and its 200-day moving average is $47.07.

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.