Avantis Real Estate ETF $AVRE Shares Bought by Allegiance Financial Group Advisory Services LLC

Allegiance Financial Group Advisory Services LLC increased its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 14.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 284,787 shares of the company’s stock after acquiring an additional 35,040 shares during the quarter. Avantis Real Estate ETF makes up 2.9% of Allegiance Financial Group Advisory Services LLC’s holdings, making the stock its 13th largest holding. Allegiance Financial Group Advisory Services LLC owned about 1.90% of Avantis Real Estate ETF worth $12,667,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of AVRE. Clune & Associates LTD. grew its position in 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 in the last quarter. Good Life Advisors LLC boosted its position 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 worth $372,000 after buying an additional 274 shares during the period. North Ridge Wealth Advisors Inc. grew its holdings in shares of Avantis Real Estate ETF by 0.3% during the second quarter. North Ridge Wealth Advisors Inc. now owns 103,133 shares of the company’s stock valued at $4,554,000 after buying an additional 301 shares in the last quarter. Pacific Life Fund Advisors LLC raised its position in Avantis Real Estate ETF by 1.0% during the third quarter. Pacific Life Fund Advisors LLC now owns 35,614 shares of the company’s stock valued at $1,584,000 after buying an additional 360 shares during the period. Finally, Morton Brown Family Wealth LLC raised its position in Avantis Real Estate ETF by 3.9% during the second quarter. Morton Brown Family Wealth LLC now owns 9,769 shares of the company’s stock valued at $431,000 after buying an additional 371 shares during the period.

Avantis Real Estate ETF Trading Down 1.5%

Shares of NYSEARCA AVRE opened at $44.49 on Wednesday. Avantis Real Estate ETF has a one year low of $37.71 and a one year high of $45.43. The business has a 50-day moving average price of $43.92 and a two-hundred day moving average price of $44.24. The firm has a market capitalization of $694.04 million, a PE ratio of 28.60 and a beta of 0.93.

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.