Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Acquired by WMG Financial Advisors LLC

WMG Financial Advisors LLC grew its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,869 shares of the company’s stock after acquiring an additional 5,181 shares during the period. Avantis Real Estate ETF comprises approximately 1.7% of WMG Financial Advisors LLC’s portfolio, making the stock its 11th largest position. WMG Financial Advisors LLC’s holdings in Avantis Real Estate ETF were worth $3,851,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. IFP Advisors Inc grew its stake in shares of Avantis Real Estate ETF by 181.5% in the fourth quarter. IFP Advisors Inc now owns 8,935 shares of the company’s stock worth $375,000 after acquiring an additional 5,761 shares in the last quarter. Diversified Portfolios Inc. lifted its position in shares of Avantis Real Estate ETF by 49.5% during the 3rd quarter. Diversified Portfolios Inc. now owns 7,306 shares of the company’s stock worth $344,000 after purchasing an additional 2,420 shares during the last quarter. Aptus Capital Advisors LLC purchased a new stake in shares of Avantis Real Estate ETF during the 3rd quarter worth $179,000. Nwam LLC purchased a new stake in shares of Avantis Real Estate ETF during the 3rd quarter worth $295,000. Finally, Equita Financial Network Inc. lifted its position in shares of Avantis Real Estate ETF by 12.9% during the 3rd quarter. Equita Financial Network Inc. now owns 148,096 shares of the company’s stock worth $6,981,000 after purchasing an additional 16,935 shares during the last quarter.

Avantis Real Estate ETF Trading Up 0.8 %

Avantis Real Estate ETF stock opened at $44.23 on Tuesday. The stock has a market cap of $564.37 million, a P/E ratio of 28.25 and a beta of 1.02. The company has a fifty day simple moving average of $42.51 and a 200-day simple moving average of $44.50. Avantis Real Estate ETF has a 12-month low of $38.74 and a 12-month high of $48.36.

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.