Avantis Real Estate ETF $AVRE Shares Bought by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC raised its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 455,253 shares of the company’s stock after purchasing an additional 31,011 shares during the period. Avantis Real Estate ETF accounts for 1.9% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Quantum Financial Advisors LLC’s holdings in Avantis Real Estate ETF were worth $21,570,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Root Financial Partners LLC acquired a new position in shares of Avantis Real Estate ETF during the first quarter worth $61,000. Farther Finance Advisors LLC raised its holdings in Avantis Real Estate ETF by 749.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,013 shares of the company’s stock worth $88,000 after purchasing an additional 1,776 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in 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 during the fourth quarter worth about $182,000. Finally, Nwam LLC boosted its position in shares of Avantis Real Estate ETF by 7.6% in the 4th quarter. Nwam LLC now owns 5,385 shares of the company’s stock valued at $234,000 after purchasing an additional 382 shares during the period.

Avantis Real Estate ETF Trading Up 0.4%

Shares of NYSEARCA AVRE opened at $48.58 on Friday. The stock has a market cap of $874.44 million, a P/E ratio of 28.60 and a beta of 0.89. The stock has a 50 day moving average of $47.99 and a two-hundred day moving average of $46.82. Avantis Real Estate ETF has a twelve month low of $42.98 and a twelve month high of $49.72.

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.