Avantis Real Estate ETF $AVRE Position Increased by Seaside Wealth Management Inc.

Seaside Wealth Management Inc. increased its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 265,645 shares of the company’s stock after purchasing an additional 28,877 shares during the period. Avantis Real Estate ETF makes up approximately 3.3% of Seaside Wealth Management Inc.’s portfolio, making the stock its 9th largest position. Seaside Wealth Management Inc. owned about 1.70% of Avantis Real Estate ETF worth $11,564,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of Avantis Real Estate ETF by 749.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,013 shares of the company’s stock worth $88,000 after buying an additional 1,776 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Avantis Real Estate ETF during the 4th quarter worth $91,000. Torren Management LLC purchased a new position in shares of Avantis Real Estate ETF in the 4th quarter valued at about $182,000. Tortoise Investment Management LLC grew its position in Avantis Real Estate ETF by 22.9% during the third quarter. Tortoise Investment Management LLC now owns 4,825 shares of the company’s stock worth $215,000 after buying an additional 900 shares during the period. Finally, Nwam LLC boosted its stake in shares of Avantis Real Estate ETF by 7.6% during the 4th quarter. Nwam LLC now owns 5,385 shares of the company’s stock worth $234,000 after acquiring an additional 382 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

AVRE opened at $47.77 on Tuesday. The company has a market cap of $802.54 million, a price-to-earnings ratio of 28.60 and a beta of 0.90. Avantis Real Estate ETF has a one year low of $42.98 and a one year high of $48.34. The business’s fifty day moving average is $47.17 and its two-hundred day moving average is $45.65.

Avantis Real Estate ETF Company 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.