Avantis Real Estate ETF (NYSEARCA:AVRE) Position Increased by Physician Wealth Solutions Inc.

Physician Wealth Solutions Inc. boosted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 0.9% during the fourth quarter, Holdings Channel reports. The firm owned 313,736 shares of the company’s stock after buying an additional 2,745 shares during the quarter. Avantis Real Estate ETF comprises approximately 6.6% of Physician Wealth Solutions Inc.’s holdings, making the stock its 6th biggest position. Physician Wealth Solutions Inc.’s holdings in Avantis Real Estate ETF were worth $13,152,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Aspect Partners LLC boosted its position in Avantis Real Estate ETF by 152.0% during the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after purchasing an additional 456 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Avantis Real Estate ETF during the fourth quarter worth $46,000. SJS Investment Consulting Inc. purchased a new stake in Avantis Real Estate ETF during the fourth quarter worth $79,000. Aptus Capital Advisors LLC purchased a new stake in Avantis Real Estate ETF during the third quarter worth $179,000. Finally, Cypress Point Wealth Management LLC boosted its position in Avantis Real Estate ETF by 10.3% during the third quarter. Cypress Point Wealth Management LLC now owns 5,657 shares of the company’s stock worth $267,000 after purchasing an additional 530 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

AVRE opened at $44.23 on Tuesday. The business’s fifty day moving average is $42.51 and its two-hundred day moving average is $44.50. The company has a market cap of $564.37 million, a price-to-earnings ratio of 28.25 and a beta of 1.02. Avantis Real Estate ETF has a one year low of $38.74 and a one year high of $48.36.

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.