BWM Planning LLC Decreases Holdings in Avantis Real Estate ETF $AVRE

BWM Planning LLC reduced its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 34.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,367 shares of the company’s stock after selling 4,330 shares during the period. BWM Planning LLC owned about 0.06% of Avantis Real Estate ETF worth $369,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVRE. Clune & Associates LTD. grew its holdings in Avantis Real Estate ETF by 5.5% in the second quarter. Clune & Associates LTD. now owns 4,985 shares of the company’s stock valued at $220,000 after purchasing an additional 262 shares during the last quarter. Curio Wealth LLC grew its stake in Avantis Real Estate ETF by 48,318.2% in the 2nd quarter. Curio Wealth LLC now owns 5,326 shares of the company’s stock valued at $235,000 after acquiring an additional 5,315 shares during the last quarter. FMB Wealth Management increased its holdings in Avantis Real Estate ETF by 10.1% during the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock valued at $256,000 after acquiring an additional 533 shares in the last quarter. Keb Asset Management LLC acquired a new position in Avantis Real Estate ETF during the first quarter worth about $278,000. Finally, Good Life Advisors LLC raised its position in Avantis Real Estate ETF by 3.4% during the second quarter. Good Life Advisors LLC now owns 8,419 shares of the company’s stock worth $372,000 after acquiring an additional 274 shares during the last quarter.

Avantis Real Estate ETF Price Performance

AVRE stock opened at $43.58 on Thursday. The company’s 50 day simple moving average is $44.39 and its 200-day simple moving average is $44.27. Avantis Real Estate ETF has a 12 month low of $37.71 and a 12 month high of $46.21. The firm has a market capitalization of $653.70 million, a PE ratio of 28.60 and a beta of 0.93.

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.