Avantis Real Estate ETF $AVRE Shares Sold by Valued Wealth Advisors LLC

Valued Wealth Advisors LLC trimmed its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 19.9% during the third quarter, HoldingsChannel.com reports. The firm owned 78,471 shares of the company’s stock after selling 19,459 shares during the period. Avantis Real Estate ETF makes up about 1.2% of Valued Wealth Advisors LLC’s portfolio, making the stock its 15th biggest holding. Valued Wealth Advisors LLC’s holdings in Avantis Real Estate ETF were worth $3,480,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AVRE. Empowered Funds LLC grew its position 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 in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 4.4% in the second quarter. Sequoia Financial Advisors LLC now owns 1,031,592 shares of the company’s stock worth $48,877,000 after buying an additional 43,925 shares during the last quarter. Quantum Financial Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 7.3% in the second quarter. Quantum Financial Advisors LLC now owns 455,253 shares of the company’s stock worth $21,570,000 after buying an additional 31,011 shares during the last quarter. ShankerValleau Wealth Advisors Inc. increased its stake in shares of Avantis Real Estate ETF by 3.3% in the third quarter. ShankerValleau Wealth Advisors Inc. now owns 396,972 shares of the company’s stock worth $17,606,000 after buying an additional 12,808 shares during the last quarter. Finally, Allegiance Financial Group Advisory Services LLC raised its holdings in Avantis Real Estate ETF by 4.9% in the third quarter. Allegiance Financial Group Advisory Services LLC now owns 391,743 shares of the company’s stock valued at $17,374,000 after acquiring an additional 18,328 shares in the last quarter.

Avantis Real Estate ETF Price Performance

AVRE opened at $47.30 on Thursday. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.72. The stock has a market capitalization of $908.16 million, a PE ratio of 22.83 and a beta of 0.89. The firm’s fifty day moving average price is $45.58 and its 200 day moving average price is $46.67.

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.