Avantis Real Estate ETF $AVRE Position Lessened by Cwm LLC

Cwm LLC cut its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,278 shares of the company’s stock after selling 13,061 shares during the period. Cwm LLC owned approximately 1.22% of Avantis Real Estate ETF worth $8,108,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVRE. Clune & Associates LTD. increased its holdings in shares of Avantis Real Estate ETF by 5.5% during the 2nd quarter. Clune & Associates LTD. now owns 4,985 shares of the company’s stock worth $220,000 after purchasing an additional 262 shares during the period. Good Life Advisors LLC raised its stake in shares of Avantis Real Estate ETF by 3.4% in the second quarter. Good Life Advisors LLC now owns 8,419 shares of the company’s stock valued at $372,000 after acquiring an additional 274 shares during the last quarter. North Ridge Wealth Advisors Inc. boosted its stake in Avantis Real Estate ETF by 0.3% in the second quarter. North Ridge Wealth Advisors Inc. now owns 103,133 shares of the company’s stock worth $4,554,000 after purchasing an additional 301 shares in the last quarter. Morton Brown Family Wealth LLC grew its holdings in Avantis Real Estate ETF by 3.9% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 9,769 shares of the company’s stock worth $431,000 after acquiring an additional 371 shares during the last quarter. Finally, FMB Wealth Management increased its position in Avantis Real Estate ETF by 10.1% in the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock valued at $256,000 after acquiring an additional 533 shares in the last quarter.

Avantis Real Estate ETF Price Performance

AVRE stock opened at $43.80 on Tuesday. The company has a 50 day moving average price of $44.03 and a 200 day moving average price of $44.26. Avantis Real Estate ETF has a fifty-two week low of $37.71 and a fifty-two week high of $45.43. The stock has a market capitalization of $657 million, a PE ratio of 28.60 and a beta of 0.93.

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.