Nicolet Bankshares Inc. Increases Stock Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

Nicolet Bankshares Inc. boosted its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 134,205 shares of the company’s stock after acquiring an additional 5,985 shares during the quarter. Avantis Real Estate ETF comprises about 1.3% of Nicolet Bankshares Inc.’s holdings, making the stock its 19th largest holding. Nicolet Bankshares Inc. owned approximately 1.26% of Avantis Real Estate ETF worth $5,626,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Aspect Partners LLC lifted its stake in shares of Avantis Real Estate ETF by 152.0% in the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after acquiring an additional 456 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Avantis Real Estate ETF in the 4th quarter worth about $46,000. Life Planning Partners Inc raised its stake in shares of Avantis Real Estate ETF by 4,382.9% in the 4th quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock valued at $47,000 after purchasing an additional 1,102,704 shares in the last quarter. SJS Investment Consulting Inc. bought a new position in shares of Avantis Real Estate ETF during the fourth quarter worth about $79,000. Finally, JPMorgan Chase & Co. grew its stake in Avantis Real Estate ETF by 276.8% in the fourth quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock worth $106,000 after purchasing an additional 1,857 shares in the last quarter.

Avantis Real Estate ETF Stock Up 1.4 %

Shares of NYSEARCA AVRE opened at $40.81 on Friday. The stock’s 50 day moving average price is $42.77 and its two-hundred day moving average price is $43.61. Avantis Real Estate ETF has a 52-week low of $37.71 and a 52-week high of $48.36. The stock has a market capitalization of $532.16 million, a P/E ratio of 25.69 and a beta of 0.98.

Avantis Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.2739 per share. The ex-dividend date was Tuesday, March 25th.

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.