Signature Resources Capital Management LLC Sells 708 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Signature Resources Capital Management LLC trimmed its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 15.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,792 shares of the company’s stock after selling 708 shares during the quarter. Signature Resources Capital Management LLC’s holdings in Avantis Real Estate ETF were worth $163,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVRE. Aspect Partners LLC boosted its stake in Avantis Real Estate ETF by 152.0% in the 4th quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after purchasing an additional 456 shares during the period. Heck Capital Advisors LLC bought a new position in Avantis Real Estate ETF in the 4th quarter worth approximately $46,000. Life Planning Partners Inc boosted its stake in Avantis Real Estate ETF by 4,382.9% in the 4th quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock worth $47,000 after purchasing an additional 1,102,704 shares during the period. JPMorgan Chase & Co. boosted its stake in Avantis Real Estate ETF by 276.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock worth $106,000 after purchasing an additional 1,857 shares during the period. Finally, SJS Investment Consulting Inc. boosted its stake in Avantis Real Estate ETF by 32.8% in the 1st quarter. SJS Investment Consulting Inc. now owns 2,494 shares of the company’s stock worth $107,000 after purchasing an additional 616 shares during the period.

Avantis Real Estate ETF Price Performance

AVRE stock opened at $44.39 on Friday. Avantis Real Estate ETF has a 1-year low of $37.71 and a 1-year high of $48.36. The company has a market capitalization of $591.27 million, a price-to-earnings ratio of 25.60 and a beta of 0.96. The business has a 50 day simple moving average of $43.15 and a two-hundred day simple moving average of $42.99.

About Avantis Real Estate ETF

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.