AE Wealth Management LLC Has $1.75 Million Stock Holdings in Avantis Real Estate ETF $AVRE

AE Wealth Management LLC lifted its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 41.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,119 shares of the company’s stock after acquiring an additional 11,663 shares during the period. AE Wealth Management LLC owned approximately 0.26% of Avantis Real Estate ETF worth $1,746,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. AQR Capital Management LLC lifted its position in Avantis Real Estate ETF by 38.9% in the first quarter. AQR Capital Management LLC now owns 29,597 shares of the company’s stock worth $1,273,000 after purchasing an additional 8,289 shares during the period. Sentinel Wealth Management Inc. bought a new position in Avantis Real Estate ETF in the second quarter worth $2,687,000. MML Investors Services LLC lifted its position in Avantis Real Estate ETF by 13.4% in the second quarter. MML Investors Services LLC now owns 61,291 shares of the company’s stock worth $2,707,000 after purchasing an additional 7,226 shares during the period. North Ridge Wealth Advisors Inc. lifted its position 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 during the period. Finally, Fifth Third Securities Inc. bought a new position in Avantis Real Estate ETF in the third quarter worth $576,000.

Avantis Real Estate ETF Price Performance

Shares of AVRE stock opened at $47.16 on Wednesday. The stock has a market cap of $782.86 million, a P/E ratio of 28.60 and a beta of 0.92. Avantis Real Estate ETF has a one year low of $42.23 and a one year high of $48.04. The stock has a fifty day moving average price of $45.97 and a 200 day moving average price of $44.82.

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.