Jane Street Group LLC Lowers Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Jane Street Group LLC trimmed its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 19.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 92,014 shares of the company’s stock after selling 22,629 shares during the quarter. Jane Street Group LLC’s holdings in Avantis Real Estate ETF were worth $3,857,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AVRE. American Century Companies Inc. lifted its position in Avantis Real Estate ETF by 7.9% during the fourth quarter. American Century Companies Inc. now owns 302,921 shares of the company’s stock valued at $12,698,000 after buying an additional 22,105 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Avantis Real Estate ETF by 10.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 153,868 shares of the company’s stock worth $6,450,000 after purchasing an additional 14,557 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Avantis Real Estate ETF by 12.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,774 shares of the company’s stock worth $1,039,000 after purchasing an additional 2,692 shares in the last quarter. Life Planning Partners Inc lifted its position in shares of Avantis Real Estate ETF by 6.9% during the fourth quarter. Life Planning Partners Inc now owns 26,905 shares of the company’s stock worth $1,128,000 after purchasing an additional 1,746 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of Avantis Real Estate ETF by 43.7% during the fourth quarter. LPL Financial LLC now owns 153,877 shares of the company’s stock worth $6,451,000 after purchasing an additional 46,787 shares in the last quarter.

Avantis Real Estate ETF Trading Up 0.6%

NYSEARCA AVRE opened at $43.76 on Monday. The company’s fifty day simple moving average is $42.54 and its 200-day simple moving average is $43.13. 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 cap of $570.63 million, a P/E ratio of 25.29 and a beta of 0.98.

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.