Equita Financial Network Inc. Sells 12,151 Shares of Avantis Real Estate ETF $AVRE

Equita Financial Network Inc. cut its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 169,789 shares of the company’s stock after selling 12,151 shares during the quarter. Avantis Real Estate ETF makes up about 3.0% of Equita Financial Network Inc.’s investment portfolio, making the stock its 8th largest position. Equita Financial Network Inc.’s holdings in Avantis Real Estate ETF were worth $7,498,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in shares of Avantis Real Estate ETF by 11.2% in the second quarter. Envestnet Asset Management Inc. now owns 179,227 shares of the company’s stock valued at $7,915,000 after purchasing an additional 18,042 shares during the period. Focus Partners Advisor Solutions LLC boosted its position in shares of Avantis Real Estate ETF by 464.4% during the second quarter. Focus Partners Advisor Solutions LLC now owns 322,564 shares of the company’s stock worth $14,244,000 after buying an additional 265,416 shares during the period. Curio Wealth LLC grew its holdings in Avantis Real Estate ETF by 48,318.2% in the 2nd quarter. Curio Wealth LLC now owns 5,326 shares of the company’s stock worth $235,000 after buying an additional 5,315 shares in the last quarter. Bayshore Asset Management LLC increased its position in Avantis Real Estate ETF by 95.0% in the 2nd quarter. Bayshore Asset Management LLC now owns 23,556 shares of the company’s stock valued at $1,040,000 after acquiring an additional 11,476 shares during the period. Finally, Strategic Blueprint LLC increased its position in Avantis Real Estate ETF by 8.3% in the 2nd quarter. Strategic Blueprint LLC now owns 133,403 shares of the company’s stock valued at $5,891,000 after acquiring an additional 10,255 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of AVRE stock opened at $45.31 on Tuesday. Avantis Real Estate ETF has a 1 year low of $37.71 and a 1 year high of $46.21. The stock has a fifty day moving average of $44.60 and a two-hundred day moving average of $44.07. The firm has a market capitalization of $679.65 million, a PE ratio of 28.60 and a beta of 0.93.

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.