Cwm LLC Sells 53,010 Shares of Avantis Real Estate ETF $AVRE

Cwm LLC reduced its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 29.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,268 shares of the company’s stock after selling 53,010 shares during the period. Cwm LLC owned approximately 0.83% of Avantis Real Estate ETF worth $5,627,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake in shares of Avantis Real Estate ETF by 749.4% in the 4th quarter. Farther Finance Advisors LLC now owns 2,013 shares of the company’s stock valued at $88,000 after purchasing an additional 1,776 shares during the period. W.H. Cornerstone Investments Inc. bought a new stake in shares of Avantis Real Estate ETF in the 3rd quarter valued at approximately $201,000. Tortoise Investment Management LLC grew its stake in shares of Avantis Real Estate ETF by 22.9% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,825 shares of the company’s stock valued at $215,000 after purchasing an additional 900 shares during the period. Clune & Associates LTD. grew its stake in shares of Avantis Real Estate ETF by 20.7% in the 3rd quarter. Clune & Associates LTD. now owns 6,015 shares of the company’s stock valued at $268,000 after purchasing an additional 1,030 shares during the period. Finally, FMB Wealth Management grew its stake in shares of Avantis Real Estate ETF by 24.2% in the 4th quarter. FMB Wealth Management now owns 7,202 shares of the company’s stock valued at $314,000 after purchasing an additional 1,402 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of AVRE opened at $47.16 on Wednesday. The company has a market capitalization 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 business’s 50 day simple moving average is $45.97 and its 200-day simple moving average is $44.82.

About Avantis Real Estate ETF

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.