Torren Management LLC Acquires 12,285 Shares of Avantis Real Estate ETF $AVRE

Torren Management LLC boosted its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 272.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,794 shares of the company’s stock after purchasing an additional 12,285 shares during the period. Avantis Real Estate ETF comprises approximately 0.4% of Torren Management LLC’s investment portfolio, making the stock its 20th biggest position. Torren Management LLC owned approximately 0.09% of Avantis Real Estate ETF worth $796,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Root Financial Partners LLC acquired a new position in Avantis Real Estate ETF during the 1st quarter worth about $61,000. Farther Finance Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 749.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,013 shares of the company’s stock valued at $88,000 after buying an additional 1,776 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of Avantis Real Estate ETF in the fourth quarter valued at about $91,000. Nwam LLC increased its stake in shares of Avantis Real Estate ETF by 7.6% in the fourth quarter. Nwam LLC now owns 5,385 shares of the company’s stock valued at $234,000 after buying an additional 382 shares during the period. Finally, Curio Wealth LLC raised its position in shares of Avantis Real Estate ETF by 6.4% during the fourth quarter. Curio Wealth LLC now owns 5,903 shares of the company’s stock worth $258,000 after acquiring an additional 353 shares during the last quarter.

Avantis Real Estate ETF Price Performance

Avantis Real Estate ETF stock opened at $47.63 on Wednesday. The stock’s 50 day moving average is $48.03 and its 200 day moving average is $46.88. The firm has a market cap of $857.34 million, a P/E ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a one year low of $42.98 and a one year high of $49.72.

Avantis Real Estate ETF Company 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.