Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Sold by Carlson Capital Management

Carlson Capital Management trimmed its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 20.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,910 shares of the company’s stock after selling 36,059 shares during the period. Avantis Real Estate ETF accounts for about 0.3% of Carlson Capital Management’s holdings, making the stock its 21st largest holding. Carlson Capital Management’s holdings in Avantis Real Estate ETF were worth $6,690,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Aptus Capital Advisors LLC purchased a new stake in Avantis Real Estate ETF during the 3rd quarter worth about $179,000. Cypress Point Wealth Management LLC purchased a new stake in shares of Avantis Real Estate ETF in the 2nd quarter valued at about $211,000. Nwam LLC purchased a new stake in shares of Avantis Real Estate ETF in the 3rd quarter valued at about $295,000. Diversified Portfolios Inc. lifted its holdings in shares of Avantis Real Estate ETF by 49.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 7,306 shares of the company’s stock valued at $344,000 after purchasing an additional 2,420 shares during the last quarter. Finally, Morton Brown Family Wealth LLC lifted its holdings in shares of Avantis Real Estate ETF by 62.6% in 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.

Avantis Real Estate ETF Trading Down 0.5 %

Shares of Avantis Real Estate ETF stock traded down $0.22 on Tuesday, hitting $45.34. The stock had a trading volume of 3,751 shares, compared to its average volume of 46,212. Avantis Real Estate ETF has a 52-week low of $38.74 and a 52-week high of $48.36. The stock has a market cap of $484.23 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. The company’s 50 day moving average price is $45.79 and its 200 day moving average price is $44.09.

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.