Forum Financial Management LP Acquires 31,954 Shares of Avantis Real Estate ETF $AVRE

Forum Financial Management LP bought a new stake in Avantis Real Estate ETF (NYSEARCA:AVRE) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 31,954 shares of the company’s stock, valued at approximately $1,417,000. Forum Financial Management LP owned 0.17% of Avantis Real Estate ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC increased its holdings in Avantis Real Estate ETF by 7.6% during the 1st quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock worth $54,478,000 after purchasing an additional 87,835 shares during the period. Sequoia Financial Advisors LLC raised its position in Avantis Real Estate ETF by 4.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,031,592 shares of the company’s stock valued at $48,877,000 after purchasing an additional 43,925 shares in the last quarter. Financial Plan Inc. boosted its stake in shares of Avantis Real Estate ETF by 18.6% in the 1st quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock valued at $31,357,000 after buying an additional 111,473 shares during the period. Quantum Financial Advisors LLC boosted its stake in shares of Avantis Real Estate ETF by 7.3% in the 2nd quarter. Quantum Financial Advisors LLC now owns 455,253 shares of the company’s stock valued at $21,570,000 after buying an additional 31,011 shares during the period. Finally, ShankerValleau Wealth Advisors Inc. boosted its stake in shares of Avantis Real Estate ETF by 2.8% in the 2nd quarter. ShankerValleau Wealth Advisors Inc. now owns 384,164 shares of the company’s stock valued at $18,202,000 after buying an additional 10,520 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of Avantis Real Estate ETF stock opened at $45.02 on Friday. Avantis Real Estate ETF has a one year low of $42.98 and a one year high of $49.72. The company has a market cap of $868.89 million, a PE ratio of 28.60 and a beta of 0.89. The business has a 50-day simple moving average of $46.25 and a 200-day simple moving average of $47.04.

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.