Avantis Real Estate ETF $AVRE Stock Bought by Prairiewood Capital LLC

Prairiewood Capital LLC boosted its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 342,425 shares of the company’s stock after acquiring an additional 23,567 shares during the quarter. Avantis Real Estate ETF accounts for 3.8% of Prairiewood Capital LLC’s portfolio, making the stock its 9th biggest holding. Prairiewood Capital LLC’s holdings in Avantis Real Estate ETF were worth $15,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sequoia Financial Advisors LLC boosted its stake in Avantis Real Estate ETF by 169.1% in the first quarter. Sequoia Financial Advisors LLC now owns 987,667 shares of the company’s stock valued at $43,477,000 after acquiring an additional 620,655 shares in the last quarter. Level Financial Advisors acquired a new position in shares of Avantis Real Estate ETF in the 3rd quarter valued at $7,767,000. Collective Family Office LLC purchased a new stake in Avantis Real Estate ETF during the third quarter worth $5,726,000. Financial Plan Inc. boosted its holdings in Avantis Real Estate ETF by 18.6% during the first quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock worth $31,357,000 after buying an additional 111,473 shares in the last quarter. Finally, Empowered Funds LLC grew its position in Avantis Real Estate ETF by 7.6% during the first quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock valued at $54,478,000 after buying an additional 87,835 shares during the period.

Avantis Real Estate ETF Trading Up 0.3%

AVRE traded up $0.15 on Friday, reaching $45.02. The stock had a trading volume of 39,129 shares, compared to its average volume of 67,911. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.72. The business’s 50-day moving average price is $46.25 and its two-hundred day moving average price is $47.04. The company has a market cap of $868.89 million, a P/E ratio of 28.60 and a beta of 0.89.

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.