Clune & Associates LTD. Increases Position in Avantis Real Estate ETF $AVRE

Clune & Associates LTD. raised its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,985 shares of the company’s stock after buying an additional 262 shares during the period. Clune & Associates LTD.’s holdings in Avantis Real Estate ETF were worth $220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of AVRE. CCM Investment Group LLC acquired a new position in Avantis Real Estate ETF during the 1st quarter worth about $51,427,000. Focus Partners Wealth acquired a new position in Avantis Real Estate ETF in the 1st quarter valued at about $13,075,000. Sequoia Financial Advisors LLC purchased a new stake in Avantis Real Estate ETF during the first quarter worth about $5,365,000. Simplicity Wealth LLC lifted its position in shares of Avantis Real Estate ETF by 113.4% during the second quarter. Simplicity Wealth LLC now owns 207,576 shares of the company’s stock worth $9,167,000 after purchasing an additional 110,301 shares in the last quarter. Finally, LexAurum Advisors LLC boosted its stake in shares of Avantis Real Estate ETF by 47.0% in the second quarter. LexAurum Advisors LLC now owns 199,629 shares of the company’s stock valued at $8,816,000 after purchasing an additional 63,794 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of AVRE stock opened at $45.09 on Tuesday. Avantis Real Estate ETF has a fifty-two week low of $37.71 and a fifty-two week high of $46.41. The company has a 50 day moving average price of $44.48 and a 200 day moving average price of $43.88. The stock has a market capitalization of $676.35 million, a P/E ratio of 28.60 and a beta of 0.96.

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.