Avantis Real Estate ETF (NYSEARCA:AVRE) Position Trimmed by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC lessened its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 365,236 shares of the company’s stock after selling 20,956 shares during the period. Avantis Real Estate ETF comprises 2.1% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Quantum Financial Advisors LLC owned about 3.42% of Avantis Real Estate ETF worth $15,311,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in AVRE. Good Life Advisors LLC boosted its position in Avantis Real Estate ETF by 3.3% during the 3rd quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock worth $383,000 after acquiring an additional 263 shares during the period. Sprinkle Financial Consultants LLC increased its stake in Avantis Real Estate ETF by 1.7% in the 3rd quarter. Sprinkle Financial Consultants LLC now owns 19,535 shares of the company’s stock valued at $921,000 after buying an additional 327 shares during the period. Morton Brown Family Wealth LLC lifted its position in Avantis Real Estate ETF by 4.5% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 7,639 shares of the company’s stock worth $360,000 after buying an additional 332 shares in the last quarter. DBK Financial Counsel LLC boosted its stake in shares of Avantis Real Estate ETF by 0.8% during the 4th quarter. DBK Financial Counsel LLC now owns 53,219 shares of the company’s stock valued at $2,231,000 after buying an additional 424 shares during the period. Finally, Creative Planning increased its stake in shares of Avantis Real Estate ETF by 1.7% in the second quarter. Creative Planning now owns 25,689 shares of the company’s stock worth $1,059,000 after acquiring an additional 428 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA AVRE opened at $40.93 on Tuesday. The stock has a market cap of $437.13 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a 52 week low of $38.74 and a 52 week high of $48.36. The business has a 50 day simple moving average of $43.56 and a 200 day simple moving average of $44.53.

Avantis Real Estate ETF Company 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.