6,252 Shares in Avantis Real Estate ETF (NYSEARCA:AVRE) Acquired by Nwam LLC

Nwam LLC bought a new stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) in the 3rd quarter, Holdings Channel.com reports. The firm bought 6,252 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Planning lifted its position in shares of Avantis Real Estate ETF by 8.3% during the 3rd quarter. Creative Planning now owns 27,825 shares of the company’s stock valued at $1,312,000 after buying an additional 2,136 shares in the last quarter. Collective Family Office LLC boosted its position in shares of Avantis Real Estate ETF by 12.8% in the third quarter. Collective Family Office LLC now owns 98,553 shares of the company’s stock worth $4,646,000 after purchasing an additional 11,212 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 16.4% in 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 in the last quarter. BWM Planning LLC bought a new stake in shares of Avantis Real Estate ETF during the 3rd quarter valued at $599,000. Finally, Hill Investment Group Partners LLC lifted its stake in shares of Avantis Real Estate ETF by 3.2% during the 2nd quarter. Hill Investment Group Partners LLC now owns 731,855 shares of the company’s stock valued at $31,931,000 after buying an additional 22,604 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of AVRE stock opened at $45.56 on Tuesday. The stock has a fifty day simple moving average of $45.85 and a two-hundred day simple moving average of $44.06. The firm has a market capitalization of $486.58 million, a PE ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a 52-week low of $38.74 and a 52-week 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.