Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Purchased by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC boosted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 2.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 386,192 shares of the company’s stock after buying an additional 10,911 shares during the period. Avantis Real Estate ETF accounts for approximately 2.8% of Quantum Financial Advisors LLC’s portfolio, making the stock its 10th biggest holding. Quantum Financial Advisors LLC’s holdings in Avantis Real Estate ETF were worth $18,205,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Apella Capital LLC grew its position in shares of Avantis Real Estate ETF by 1.8% during the third quarter. Apella Capital LLC now owns 28,202 shares of the company’s stock worth $1,314,000 after acquiring an additional 490 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Avantis Real Estate ETF by 14.7% during the 3rd quarter. Park Avenue Securities LLC now owns 56,815 shares of the company’s stock worth $2,678,000 after purchasing an additional 7,283 shares during the period. Creative Planning grew its position in 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 purchasing an additional 428 shares during the last quarter. Beaird Harris Wealth Management LLC increased its stake in Avantis Real Estate ETF by 6.4% in the second quarter. Beaird Harris Wealth Management LLC now owns 84,313 shares of the company’s stock valued at $3,475,000 after purchasing an additional 5,067 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Avantis Real Estate ETF by 30.0% in the second quarter. Envestnet Asset Management Inc. now owns 118,435 shares of the company’s stock valued at $4,882,000 after buying an additional 27,323 shares during the last quarter.

Avantis Real Estate ETF Trading Down 0.5 %

Shares of AVRE traded down $0.25 during mid-day trading on Friday, hitting $46.03. 32,943 shares of the company’s stock were exchanged, compared to its average volume of 49,416. Avantis Real Estate ETF has a fifty-two week low of $35.03 and a fifty-two week high of $48.36. The business’s 50 day moving average is $45.91 and its two-hundred day moving average is $42.86. The firm has a market capitalization of $491.64 million, a P/E ratio of 19.23 and a beta of 0.85.

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.