Farther Finance Advisors LLC Has $436,000 Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Farther Finance Advisors LLC lifted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 16.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,647 shares of the company’s stock after buying an additional 1,497 shares during the period. Farther Finance Advisors LLC owned about 0.10% of Avantis Real Estate ETF worth $436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. True Wealth Design LLC acquired a new position in shares of Avantis Real Estate ETF during the fourth quarter worth about $136,000. Cypress Point Wealth Management LLC acquired a new position in shares of Avantis Real Estate ETF during the second quarter worth about $211,000. Wealthcare Advisory Partners LLC acquired a new position in shares of Avantis Real Estate ETF during the fourth quarter worth about $221,000. Simplicity Wealth LLC acquired a new position in shares of Avantis Real Estate ETF during the second quarter worth about $313,000. Finally, Morton Brown Family Wealth LLC boosted its position in shares of Avantis Real Estate ETF by 62.6% during the second quarter. Morton Brown Family Wealth LLC now owns 7,307 shares of the company’s stock worth $318,000 after buying an additional 2,813 shares during the period.

Avantis Real Estate ETF Price Performance

AVRE stock opened at $46.16 on Wednesday. The stock has a market capitalization of $492.99 million, a P/E ratio of 19.23 and a beta of 0.85. The business has a 50-day moving average of $43.67 and a 200-day moving average of $42.00. Avantis Real Estate ETF has a fifty-two week low of $35.03 and a fifty-two week high of $46.35.

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.