ShankerValleau Wealth Advisors Inc. Has $13.22 Million Stock Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

ShankerValleau Wealth Advisors Inc. increased its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 320,726 shares of the company’s stock after purchasing an additional 18,786 shares during the period. Avantis Real Estate ETF makes up 5.7% of ShankerValleau Wealth Advisors Inc.’s holdings, making the stock its 6th largest position. ShankerValleau Wealth Advisors Inc. owned approximately 3.00% of Avantis Real Estate ETF worth $13,220,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Abacus Planning Group Inc. lifted its stake in Avantis Real Estate ETF by 3.9% in the 1st quarter. Abacus Planning Group Inc. now owns 7,609 shares of the company’s stock valued at $322,000 after purchasing an additional 289 shares during the last quarter. Pacific Life Fund Advisors LLC increased its stake in Avantis Real Estate ETF by 0.4% in the fourth quarter. Pacific Life Fund Advisors LLC now owns 81,099 shares of the company’s stock valued at $3,512,000 after acquiring an additional 354 shares during the last quarter. Apella Capital LLC increased its stake in Avantis Real Estate ETF by 2.6% in the first quarter. Apella Capital LLC now owns 27,799 shares of the company’s stock valued at $1,167,000 after acquiring an additional 700 shares during the last quarter. Flagstone Financial Management boosted its position in Avantis Real Estate ETF by 6.1% in the first quarter. Flagstone Financial Management now owns 17,865 shares of the company’s stock valued at $755,000 after buying an additional 1,024 shares in the last quarter. Finally, First Ascent Asset Management LLC boosted its position in Avantis Real Estate ETF by 7.1% in the fourth quarter. First Ascent Asset Management LLC now owns 34,611 shares of the company’s stock valued at $1,499,000 after buying an additional 2,286 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA:AVRE traded up $0.13 during mid-day trading on Friday, reaching $44.32. 75,676 shares of the company’s stock were exchanged, compared to its average volume of 51,915. The firm has a market capitalization of $473.34 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. The business’s fifty day moving average price is $41.98 and its 200-day moving average price is $41.43. Avantis Real Estate ETF has a twelve month low of $35.03 and a twelve month high of $44.62.

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.