Avantis Real Estate ETF $AVRE is Sentinel Wealth Management Inc.’s 7th Largest Position

Sentinel Wealth Management Inc. raised its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 13.6% during the first quarter, Holdings Channel.com reports. The firm owned 135,448 shares of the company’s stock after purchasing an additional 16,166 shares during the period. Avantis Real Estate ETF makes up 4.8% of Sentinel Wealth Management Inc.’s holdings, making the stock its 7th biggest holding. Sentinel Wealth Management Inc.’s holdings in Avantis Real Estate ETF were worth $5,962,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Equita Financial Network Inc. raised its holdings in Avantis Real Estate ETF by 10.8% in the 4th quarter. Equita Financial Network Inc. now owns 208,603 shares of the company’s stock valued at $9,080,000 after buying an additional 20,318 shares during the period. Networth Advisors LLC acquired a new stake in shares of Avantis Real Estate ETF during the fourth quarter valued at about $2,851,000. Vestment Financial LLC raised its stake in shares of Avantis Real Estate ETF by 10.1% in the 4th quarter. Vestment Financial LLC now owns 152,563 shares of the company’s stock valued at $6,711,000 after acquiring an additional 14,057 shares during the period. Park Avenue Securities LLC raised its stake in shares of Avantis Real Estate ETF by 12.2% in the 4th quarter. Park Avenue Securities LLC now owns 113,430 shares of the company’s stock valued at $4,938,000 after acquiring an additional 12,356 shares during the period. Finally, Seaside Wealth Management Inc. lifted its holdings in shares of Avantis Real Estate ETF by 12.2% in the 4th quarter. Seaside Wealth Management Inc. now owns 265,645 shares of the company’s stock worth $11,564,000 after acquiring an additional 28,877 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

NYSEARCA:AVRE opened at $47.90 on Monday. The stock has a market capitalization of $857.41 million, a P/E ratio of 28.60 and a beta of 0.90. The company has a 50 day moving average price of $47.54 and a 200 day moving average price of $46.16. Avantis Real Estate ETF has a fifty-two week low of $42.98 and a fifty-two week high of $48.44.

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.