Avantis Real Estate ETF $AVRE Stock Position Lessened by Level Financial Advisors

Level Financial Advisors decreased its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 157,087 shares of the company’s stock after selling 644 shares during the quarter. Avantis Real Estate ETF accounts for approximately 2.2% of Level Financial Advisors’ holdings, making the stock its 15th largest position. Level Financial Advisors’ holdings in Avantis Real Estate ETF were worth $6,937,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Chicago Partners Investment Group LLC lifted its holdings in shares of Avantis Real Estate ETF by 0.5% in the first quarter. Chicago Partners Investment Group LLC now owns 94,110 shares of the company’s stock valued at $4,120,000 after buying an additional 450 shares during the period. Parkworth Wealth Management Inc. lifted its holdings in shares of Avantis Real Estate ETF by 2.5% in the first quarter. Parkworth Wealth Management Inc. now owns 20,214 shares of the company’s stock valued at $869,000 after buying an additional 494 shares during the period. SJS Investment Consulting Inc. lifted its holdings in shares of Avantis Real Estate ETF by 32.8% in the first quarter. SJS Investment Consulting Inc. now owns 2,494 shares of the company’s stock valued at $107,000 after buying an additional 616 shares during the period. Endeavor Private Wealth Inc. lifted its holdings in shares of Avantis Real Estate ETF by 7.1% in the first quarter. Endeavor Private Wealth Inc. now owns 9,753 shares of the company’s stock valued at $419,000 after buying an additional 649 shares during the period. Finally, Park Square Financial Group LLC acquired a new stake in shares of Avantis Real Estate ETF in the first quarter valued at $31,000.

Avantis Real Estate ETF Stock Down 0.9%

Shares of Avantis Real Estate ETF stock opened at $43.97 on Thursday. The firm has a market cap of $608.54 million, a price-to-earnings ratio of 28.60 and a beta of 0.96. The business has a fifty day simple moving average of $44.51 and a 200-day simple moving average of $43.70. Avantis Real Estate ETF has a fifty-two week low of $37.71 and a fifty-two week high of $47.54.

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.