Park Avenue Securities LLC Has $4.94 Million Holdings in Avantis Real Estate ETF $AVRE

Park Avenue Securities LLC grew its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 113,430 shares of the company’s stock after purchasing an additional 12,356 shares during the quarter. Park Avenue Securities LLC owned about 0.74% of Avantis Real Estate ETF worth $4,938,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. W.H. Cornerstone Investments Inc. acquired a new stake in shares of Avantis Real Estate ETF during the third quarter worth $201,000. Tortoise Investment Management LLC raised its stake in Avantis Real Estate ETF by 22.9% during the third quarter. Tortoise Investment Management LLC now owns 4,825 shares of the company’s stock worth $215,000 after buying an additional 900 shares during the last quarter. Clune & Associates LTD. lifted its holdings in Avantis Real Estate ETF by 20.7% in the third quarter. Clune & Associates LTD. now owns 6,015 shares of the company’s stock valued at $268,000 after buying an additional 1,030 shares during the period. Willow Creek Wealth Management Inc. boosted its position in Avantis Real Estate ETF by 6.6% during the third quarter. Willow Creek Wealth Management Inc. now owns 7,345 shares of the company’s stock valued at $327,000 after acquiring an additional 455 shares during the last quarter. Finally, Magnolia Private Wealth LLC boosted its position in Avantis Real Estate ETF by 10.7% during the third quarter. Magnolia Private Wealth LLC now owns 10,952 shares of the company’s stock valued at $487,000 after acquiring an additional 1,060 shares during the last quarter.

Avantis Real Estate ETF Trading Down 3.1%

Shares of Avantis Real Estate ETF stock opened at $43.65 on Friday. The business has a 50-day moving average price of $45.70 and a two-hundred day moving average price of $44.70. Avantis Real Estate ETF has a 1-year low of $37.71 and a 1-year high of $47.81. The company has a market cap of $680.94 million, a P/E 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.