Hill Investment Group Partners LLC Cuts Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Hill Investment Group Partners LLC lowered its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 0.1% in the third quarter, HoldingsChannel reports. The fund owned 731,014 shares of the company’s stock after selling 841 shares during the period. Avantis Real Estate ETF makes up 4.8% of Hill Investment Group Partners LLC’s portfolio, making the stock its 8th largest position. Hill Investment Group Partners LLC owned about 0.07% of Avantis Real Estate ETF worth $34,460,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empowered Funds LLC increased its position in shares of Avantis Real Estate ETF by 1.5% in the third quarter. Empowered Funds LLC now owns 1,068,858 shares of the company’s stock valued at $50,386,000 after acquiring an additional 16,238 shares during the last quarter. Aprio Wealth Management LLC increased its position in shares of Avantis Real Estate ETF by 111.3% during the 2nd quarter. Aprio Wealth Management LLC now owns 516,219 shares of the company’s stock worth $21,279,000 after purchasing an additional 271,922 shares during the last quarter. Quantum Financial Advisors LLC raised its stake in shares of Avantis Real Estate ETF by 2.9% during the 3rd quarter. Quantum Financial Advisors LLC now owns 386,192 shares of the company’s stock worth $18,205,000 after purchasing an additional 10,911 shares in the last quarter. Physician Wealth Solutions Inc. boosted its holdings in shares of Avantis Real Estate ETF by 21.8% in the 3rd quarter. Physician Wealth Solutions Inc. now owns 310,991 shares of the company’s stock valued at $14,169,000 after buying an additional 55,686 shares during the last quarter. Finally, BetterWealth LLC grew its stake in shares of Avantis Real Estate ETF by 2.3% in the third quarter. BetterWealth LLC now owns 281,068 shares of the company’s stock valued at $13,250,000 after buying an additional 6,272 shares in the last quarter.

Avantis Real Estate ETF Trading Down 1.2 %

NYSEARCA AVRE opened at $45.32 on Tuesday. The firm has a market capitalization of $484.01 million, a P/E ratio of 19.23 and a beta of 0.85. The firm’s fifty day moving average price is $45.61 and its two-hundred day moving average price is $44.24. Avantis Real Estate ETF has a 1 year low of $38.74 and a 1 year high of $48.36.

Avantis Real Estate ETF 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.