Ariadne Wealth Management LP Purchases New Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Ariadne Wealth Management LP acquired a new stake in Avantis Real Estate ETF (NYSEARCA:AVRE) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 8,331 shares of the company’s stock, valued at approximately $359,000. Ariadne Wealth Management LP owned approximately 0.08% of Avantis Real Estate ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nwam LLC bought a new stake in shares of Avantis Real Estate ETF during the 3rd quarter valued at $295,000. MML Investors Services LLC grew its holdings in Avantis Real Estate ETF by 12.5% during the 3rd quarter. MML Investors Services LLC now owns 56,048 shares of the company’s stock valued at $2,642,000 after buying an additional 6,226 shares in the last quarter. ShankerValleau Wealth Advisors Inc. increased its position in shares of Avantis Real Estate ETF by 14.0% during the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 321,502 shares of the company’s stock valued at $13,477,000 after buying an additional 39,520 shares during the period. Collective Family Office LLC lifted its holdings in shares of Avantis Real Estate ETF by 4.5% in the fourth quarter. Collective Family Office LLC now owns 102,980 shares of the company’s stock worth $4,317,000 after buying an additional 4,427 shares in the last quarter. Finally, DBK Financial Counsel LLC boosted its position in shares of Avantis Real Estate ETF by 0.8% in the fourth quarter. DBK Financial Counsel LLC now owns 53,219 shares of the company’s stock valued at $2,231,000 after acquiring an additional 424 shares during the period.

Avantis Real Estate ETF Trading Up 1.3 %

Shares of NYSEARCA:AVRE opened at $43.41 on Tuesday. The company has a 50 day moving average of $43.04 and a 200 day moving average of $44.23. The stock has a market cap of $559.12 million, a P/E ratio of 25.53 and a beta of 1.01. Avantis Real Estate ETF has a 12 month low of $38.74 and a 12 month high of $48.36.

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.