Quarry Hill Advisors LLC Has $6.29 Million Holdings in Avantis Real Estate ETF $AVRE

Quarry Hill Advisors LLC boosted its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 144,465 shares of the company’s stock after purchasing an additional 14,714 shares during the period. Avantis Real Estate ETF comprises about 2.9% of Quarry Hill Advisors LLC’s holdings, making the stock its 9th largest holding. Quarry Hill Advisors LLC owned about 0.93% of Avantis Real Estate ETF worth $6,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Park Avenue Securities LLC lifted its stake in Avantis Real Estate ETF by 12.2% in the 4th quarter. Park Avenue Securities LLC now owns 113,430 shares of the company’s stock valued at $4,938,000 after purchasing an additional 12,356 shares during the last quarter. Fifth Third Securities Inc. bought a new position in Avantis Real Estate ETF in the 3rd quarter valued at approximately $576,000. Envestnet Asset Management Inc. increased its position in Avantis Real Estate ETF by 17.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 210,300 shares of the company’s stock valued at $9,354,000 after acquiring an additional 31,073 shares during the period. Quantum Financial Advisors LLC increased its position in Avantis Real Estate ETF by 6.1% in the 3rd quarter. Quantum Financial Advisors LLC now owns 384,991 shares of the company’s stock valued at $17,124,000 after acquiring an additional 22,192 shares during the period. Finally, Lam Group Inc. increased its position in Avantis Real Estate ETF by 13.1% in the 3rd quarter. Lam Group Inc. now owns 100,810 shares of the company’s stock valued at $4,484,000 after acquiring an additional 11,690 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA AVRE opened at $46.95 on Wednesday. Avantis Real Estate ETF has a 52-week low of $41.41 and a 52-week high of $47.81. The firm has a 50 day moving average price of $45.77 and a two-hundred day moving average price of $44.71. The stock has a market cap of $779.37 million, a P/E ratio of 28.60 and a beta of 0.92.

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.