Park Avenue Securities LLC Raises Stake in Avantis Real Estate ETF $AVRE

Park Avenue Securities LLC grew its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 14.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,074 shares of the company’s stock after acquiring an additional 12,948 shares during the quarter. Park Avenue Securities LLC’s holdings in Avantis Real Estate ETF were worth $4,496,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of AVRE. Clune & Associates LTD. grew its holdings in shares of Avantis Real Estate ETF by 5.5% in the second quarter. Clune & Associates LTD. now owns 4,985 shares of the company’s stock valued at $220,000 after purchasing an additional 262 shares during the period. Curio Wealth LLC boosted its holdings in Avantis Real Estate ETF by 48,318.2% in the 2nd quarter. Curio Wealth LLC now owns 5,326 shares of the company’s stock valued at $235,000 after purchasing an additional 5,315 shares during the last quarter. FMB Wealth Management grew its stake in shares of Avantis Real Estate ETF by 10.1% in the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock valued at $256,000 after buying an additional 533 shares during the period. Good Life Advisors LLC grew its stake in shares of Avantis Real Estate ETF by 3.4% in the 2nd quarter. Good Life Advisors LLC now owns 8,419 shares of the company’s stock valued at $372,000 after buying an additional 274 shares during the period. Finally, Morton Brown Family Wealth LLC increased its holdings in shares of Avantis Real Estate ETF by 3.9% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 9,769 shares of the company’s stock worth $431,000 after buying an additional 371 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

AVRE stock opened at $43.99 on Friday. Avantis Real Estate ETF has a one year low of $37.71 and a one year high of $45.43. The firm has a market cap of $677.45 million, a PE ratio of 28.60 and a beta of 0.93. The firm’s 50 day moving average price is $43.87 and its 200-day moving average price is $44.23.

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.