Equita Financial Network Inc. Has $6.98 Million Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Equita Financial Network Inc. lifted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.9% during the 3rd quarter, Holdings Channel reports. The firm owned 148,096 shares of the company’s stock after purchasing an additional 16,935 shares during the quarter. Avantis Real Estate ETF comprises 2.6% of Equita Financial Network Inc.’s portfolio, making the stock its 13th biggest holding. Equita Financial Network Inc.’s holdings in Avantis Real Estate ETF were worth $6,981,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Good Life Advisors LLC raised its stake in Avantis Real Estate ETF by 3.3% in the third quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock valued at $383,000 after buying an additional 263 shares during the period. Sprinkle Financial Consultants LLC raised its stake in Avantis Real Estate ETF by 1.7% in the 3rd quarter. Sprinkle Financial Consultants LLC now owns 19,535 shares of the company’s stock valued at $921,000 after acquiring an additional 327 shares during the period. Morton Brown Family Wealth LLC lifted its holdings in Avantis Real Estate ETF by 4.5% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 7,639 shares of the company’s stock valued at $360,000 after purchasing an additional 332 shares during the last quarter. Creative Planning lifted its stake in shares of Avantis Real Estate ETF by 1.7% during the 2nd quarter. Creative Planning now owns 25,689 shares of the company’s stock worth $1,059,000 after buying an additional 428 shares during the last quarter. Finally, Apella Capital LLC lifted its stake in shares of Avantis Real Estate ETF by 1.8% during the 3rd quarter. Apella Capital LLC now owns 28,202 shares of the company’s stock worth $1,314,000 after buying an additional 490 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of AVRE opened at $44.55 on Tuesday. Avantis Real Estate ETF has a 52 week low of $38.74 and a 52 week high of $48.36. The firm’s 50-day simple moving average is $46.12 and its 200 day simple moving average is $43.90. The firm has a market cap of $475.79 million, a P/E ratio of 19.23 and a beta of 0.85.

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.