Avantis Real Estate ETF $AVRE Holdings Lifted by Financial Plan Inc.

Financial Plan Inc. lifted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 18.6% in the 1st quarter, Holdings Channel reports. The fund owned 712,325 shares of the company’s stock after buying an additional 111,473 shares during the quarter. Avantis Real Estate ETF accounts for approximately 3.4% of Financial Plan Inc.’s holdings, making the stock its 10th largest position. Financial Plan Inc.’s holdings in Avantis Real Estate ETF were worth $31,357,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AVRE. Equita Financial Network Inc. increased its stake in shares of Avantis Real Estate ETF by 10.8% in the fourth quarter. Equita Financial Network Inc. now owns 208,603 shares of the company’s stock worth $9,080,000 after purchasing an additional 20,318 shares in the last quarter. Nicolet Advisory Services LLC lifted its stake in shares of Avantis Real Estate ETF by 46.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock valued at $21,103,000 after buying an additional 152,261 shares in the last quarter. Park Avenue Securities LLC boosted its holdings 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 worth $4,938,000 after buying an additional 12,356 shares during the period. Networth Advisors LLC bought a new position in Avantis Real Estate ETF in the 4th quarter worth approximately $2,851,000. Finally, Vestment Financial LLC grew its stake in Avantis Real Estate ETF by 10.1% in the 4th quarter. Vestment Financial LLC now owns 152,563 shares of the company’s stock valued at $6,711,000 after buying an additional 14,057 shares in the last quarter.

Avantis Real Estate ETF Price Performance

Shares of AVRE stock opened at $48.02 on Friday. The company’s fifty day simple moving average is $47.45 and its two-hundred day simple moving average is $45.97. Avantis Real Estate ETF has a 1 year low of $42.98 and a 1 year high of $48.44. The stock has a market capitalization of $849.95 million, a price-to-earnings ratio of 28.60 and a beta of 0.90.

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.