Avantis Real Estate ETF $AVRE Holdings Raised by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC boosted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 1,318.5% during the third quarter, Holdings Channel.com reports. The firm owned 13,391 shares of the company’s stock after buying an additional 12,447 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Avantis Real Estate ETF were worth $594,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC boosted its holdings in Avantis Real Estate ETF by 7.6% in the 1st quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock valued at $54,478,000 after purchasing an additional 87,835 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Avantis Real Estate ETF by 4.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,031,592 shares of the company’s stock valued at $48,877,000 after buying an additional 43,925 shares during the period. Financial Plan Inc. grew its stake in shares of Avantis Real Estate ETF by 18.6% in the 1st quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock valued at $31,357,000 after buying an additional 111,473 shares during the period. Quantum Financial Advisors LLC increased its holdings in shares of Avantis Real Estate ETF by 7.3% during the 2nd quarter. Quantum Financial Advisors LLC now owns 455,253 shares of the company’s stock worth $21,570,000 after buying an additional 31,011 shares during the last quarter. Finally, ShankerValleau Wealth Advisors Inc. increased its holdings in shares of Avantis Real Estate ETF by 2.8% during the 2nd quarter. ShankerValleau Wealth Advisors Inc. now owns 384,164 shares of the company’s stock worth $18,202,000 after buying an additional 10,520 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA AVRE traded up $0.42 during midday trading on Thursday, reaching $44.94. 33,479 shares of the stock were exchanged, compared to its average volume of 67,917. The stock has a market capitalization of $862.75 million, a P/E ratio of 28.60 and a beta of 0.89. The company has a 50 day simple moving average of $46.39 and a 200 day simple moving average of $47.05. Avantis Real Estate ETF has a twelve month low of $42.98 and a twelve month 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.