Avantis Real Estate ETF $AVRE Shares Bought by ShankerValleau Wealth Advisors Inc.

ShankerValleau Wealth Advisors Inc. boosted its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 396,972 shares of the company’s stock after purchasing an additional 12,808 shares during the period. Avantis Real Estate ETF makes up approximately 4.7% of ShankerValleau Wealth Advisors Inc.’s investment portfolio, making the stock its 7th biggest holding. ShankerValleau Wealth Advisors Inc.’s holdings in Avantis Real Estate ETF were worth $17,606,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. PCG Wealth Advisors LLC boosted its position in shares of Avantis Real Estate ETF by 0.7% during the second quarter. PCG Wealth Advisors LLC now owns 34,818 shares of the company’s stock valued at $1,650,000 after buying an additional 257 shares during the period. Avantax Planning Partners Inc. raised its holdings in shares of Avantis Real Estate ETF by 4.2% in the first quarter. Avantax Planning Partners Inc. now owns 6,499 shares of the company’s stock worth $286,000 after buying an additional 264 shares during the period. Torren Management LLC raised its holdings in shares of Avantis Real Estate ETF by 7.7% in the first quarter. Torren Management LLC now owns 4,509 shares of the company’s stock worth $198,000 after buying an additional 323 shares during the period. Cherry Tree Wealth Management LLC raised its holdings in shares of Avantis Real Estate ETF by 79.1% in the second quarter. Cherry Tree Wealth Management LLC now owns 944 shares of the company’s stock worth $45,000 after buying an additional 417 shares during the period. Finally, Valued Wealth Advisors LLC lifted its stake in shares of Avantis Real Estate ETF by 0.7% during the 1st quarter. Valued Wealth Advisors LLC now owns 94,206 shares of the company’s stock worth $4,147,000 after acquiring an additional 692 shares during the last quarter.

Avantis Real Estate ETF Trading Up 0.3%

Shares of AVRE stock traded up $0.15 on Friday, reaching $45.02. 39,129 shares of the company’s stock were exchanged, compared to its average volume of 67,911. The company’s fifty day simple moving average is $46.25 and its 200 day simple moving average is $47.04. Avantis Real Estate ETF has a 52 week low of $42.98 and a 52 week high of $49.72. The stock has a market capitalization of $868.89 million, a PE ratio of 28.60 and a beta of 0.89.

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.