Nicolet Advisory Services LLC Sells 89,828 Shares of Avantis Real Estate ETF $AVRE

Nicolet Advisory Services LLC cut its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 18.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 388,797 shares of the company’s stock after selling 89,828 shares during the quarter. Avantis Real Estate ETF makes up approximately 1.2% of Nicolet Advisory Services LLC’s portfolio, making the stock its 19th largest holding. Nicolet Advisory Services LLC owned 2.49% of Avantis Real Estate ETF worth $17,127,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AVRE. AQR Capital Management LLC lifted its holdings in Avantis Real Estate ETF by 38.9% during the first quarter. AQR Capital Management LLC now owns 29,597 shares of the company’s stock valued at $1,273,000 after purchasing an additional 8,289 shares during the last quarter. Sentinel Wealth Management Inc. purchased a new stake in shares of Avantis Real Estate ETF in the second quarter worth about $2,687,000. MML Investors Services LLC lifted its holdings in shares of Avantis Real Estate ETF by 13.4% in the second quarter. MML Investors Services LLC now owns 61,291 shares of the company’s stock worth $2,707,000 after buying an additional 7,226 shares in the last quarter. North Ridge Wealth Advisors Inc. lifted its holdings in shares of Avantis Real Estate ETF by 0.3% in the second quarter. North Ridge Wealth Advisors Inc. now owns 103,133 shares of the company’s stock worth $4,554,000 after buying an additional 301 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Avantis Real Estate ETF by 17.3% in the third quarter. Envestnet Asset Management Inc. now owns 210,300 shares of the company’s stock worth $9,354,000 after buying an additional 31,073 shares in the last quarter.

Avantis Real Estate ETF Trading Up 0.6%

Shares of Avantis Real Estate ETF stock opened at $47.97 on Friday. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $48.20. The company has a market cap of $805.90 million, a price-to-earnings ratio of 28.60 and a beta of 0.90. The company’s 50-day moving average price is $47.11 and its 200-day moving average price is $45.62.

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.