Avantis Real Estate ETF $AVRE Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 169.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 987,667 shares of the company’s stock after purchasing an additional 620,655 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 5.95% of Avantis Real Estate ETF worth $43,477,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC acquired a new stake in shares of Avantis Real Estate ETF during the 4th quarter worth $50,048,000. Financial Plan Inc. increased its position in shares of Avantis Real Estate ETF by 18.6% in the first quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock worth $31,357,000 after acquiring an additional 111,473 shares in the last quarter. Nicolet Advisory Services LLC raised its stake in shares of Avantis Real Estate ETF by 46.7% in the 3rd quarter. Nicolet Advisory Services LLC now owns 478,625 shares of the company’s stock valued at $21,103,000 after acquiring an additional 152,261 shares during the period. Quantum Financial Advisors LLC raised its position in Avantis Real Estate ETF by 6.4% in the fourth quarter. Quantum Financial Advisors LLC now owns 409,559 shares of the company’s stock valued at $17,828,000 after purchasing an additional 24,568 shares during the period. Finally, ShankerValleau Wealth Advisors Inc. grew its stake in shares of Avantis Real Estate ETF by 7.2% in the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 384,059 shares of the company’s stock valued at $16,718,000 after buying an additional 25,782 shares in the last quarter.

Avantis Real Estate ETF Price Performance

NYSEARCA AVRE traded up $0.24 on Friday, reaching $47.90. The company had a trading volume of 58,438 shares, compared to its average volume of 61,560. Avantis Real Estate ETF has a 1 year low of $42.98 and a 1 year high of $48.44. The firm has a 50-day moving average of $47.54 and a 200-day moving average of $46.14. The firm has a market capitalization of $852.62 million, a PE ratio of 28.60 and a beta of 0.90.

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.