Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Acquired by Seaside Wealth Management Inc.

Seaside Wealth Management Inc. boosted its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 3.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 192,956 shares of the company’s stock after buying an additional 7,316 shares during the period. Avantis Real Estate ETF makes up about 3.4% of Seaside Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest position. Seaside Wealth Management Inc. owned approximately 1.81% of Avantis Real Estate ETF worth $9,096,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in AVRE. Cypress Point Wealth Management LLC bought a new position in shares of Avantis Real Estate ETF in the second quarter valued at $211,000. Simplicity Wealth LLC bought a new position in shares of Avantis Real Estate ETF in the 2nd quarter valued at $313,000. Morton Brown Family Wealth LLC grew its holdings in shares of Avantis Real Estate ETF by 62.6% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 7,307 shares of the company’s stock valued at $318,000 after purchasing an additional 2,813 shares during the last quarter. Good Life Advisors LLC increased its holdings in shares of Avantis Real Estate ETF by 3.3% during the third quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock worth $383,000 after buying an additional 263 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Avantis Real Estate ETF by 16.4% during the second quarter. Farther Finance Advisors LLC now owns 10,647 shares of the company’s stock worth $436,000 after purchasing an additional 1,497 shares during the last quarter.

Avantis Real Estate ETF Stock Up 0.5 %

Shares of Avantis Real Estate ETF stock opened at $45.59 on Thursday. The stock has a market cap of $486.90 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. The company’s fifty day moving average is $46.47 and its 200 day moving average is $43.42. Avantis Real Estate ETF has a twelve month low of $35.90 and a twelve month high of $48.36.

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.