Empowered Funds LLC Has $54.48 Million Stock Holdings in Avantis Real Estate ETF $AVRE

Empowered Funds LLC grew its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.6% in the first quarter, HoldingsChannel reports. The fund owned 1,237,572 shares of the company’s stock after buying an additional 87,835 shares during the period. Empowered Funds LLC owned 0.07% of Avantis Real Estate ETF worth $54,478,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Sequoia Financial Advisors LLC grew its stake in shares of Avantis Real Estate ETF by 169.1% in the first quarter. Sequoia Financial Advisors LLC now owns 987,667 shares of the company’s stock valued at $43,477,000 after acquiring an additional 620,655 shares in the last quarter. Financial Plan Inc. raised its stake in Avantis Real Estate ETF by 18.6% in the 1st quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock worth $31,357,000 after purchasing an additional 111,473 shares in the last quarter. BetterWealth LLC boosted its holdings in Avantis Real Estate ETF by 2.4% in the 1st quarter. BetterWealth LLC now owns 339,282 shares of the company’s stock valued at $14,935,000 after purchasing an additional 7,794 shares during the period. Focus Partners Wealth boosted its holdings in Avantis Real Estate ETF by 8.2% in the 3rd quarter. Focus Partners Wealth now owns 332,125 shares of the company’s stock valued at $14,773,000 after purchasing an additional 25,115 shares during the period. Finally, Capstone Financial Advisors Inc. grew its position in shares of Avantis Real Estate ETF by 4.3% during the 4th quarter. Capstone Financial Advisors Inc. now owns 317,407 shares of the company’s stock worth $13,817,000 after purchasing an additional 13,086 shares in the last quarter.

Avantis Real Estate ETF Stock Down 0.3%

Shares of NYSEARCA:AVRE opened at $49.25 on Tuesday. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.64. The company’s 50 day moving average price is $47.79 and its two-hundred day moving average price is $46.55. The firm has a market cap of $881.58 million, a PE ratio of 28.60 and a beta of 0.90.

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.