MB Generational Wealth LLC Boosts Stake in Avantis Real Estate ETF (NYSEARCA:AVRE)

MB Generational Wealth LLC lifted its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 42.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,186 shares of the company’s stock after buying an additional 5,450 shares during the period. Avantis Real Estate ETF makes up 0.6% of MB Generational Wealth LLC’s holdings, making the stock its 25th biggest position. MB Generational Wealth LLC owned 0.17% of Avantis Real Estate ETF worth $762,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aspect Partners LLC lifted its stake in shares of Avantis Real Estate ETF by 152.0% in the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after buying an additional 456 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in Avantis Real Estate ETF during the fourth quarter worth about $46,000. SJS Investment Consulting Inc. purchased a new position in Avantis Real Estate ETF during the fourth quarter worth about $79,000. Aptus Capital Advisors LLC purchased a new position in Avantis Real Estate ETF during the third quarter worth about $179,000. Finally, Cypress Point Wealth Management LLC raised its stake in Avantis Real Estate ETF by 10.3% during the third quarter. Cypress Point Wealth Management LLC now owns 5,657 shares of the company’s stock worth $267,000 after purchasing an additional 530 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of AVRE stock opened at $43.47 on Friday. The firm’s 50-day moving average is $42.35 and its two-hundred day moving average is $44.51. Avantis Real Estate ETF has a 12 month low of $38.74 and a 12 month high of $48.36. The company has a market capitalization of $464.26 million, a PE ratio of 19.23 and a beta of 0.85.

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.