Avantis Real Estate ETF $AVRE Stock Position Increased by ShankerValleau Wealth Advisors Inc.

ShankerValleau Wealth Advisors Inc. raised its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 3.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 396,972 shares of the company’s stock after purchasing an additional 12,808 shares during the period. Avantis Real Estate ETF accounts for approximately 4.7% of ShankerValleau Wealth Advisors Inc.’s holdings, making the stock its 7th biggest position. ShankerValleau Wealth Advisors Inc. owned 2.06% of Avantis Real Estate ETF worth $17,606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Empowered Funds LLC increased its holdings in shares of Avantis Real Estate ETF by 7.6% in the first quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock worth $54,478,000 after purchasing an additional 87,835 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Avantis Real Estate ETF by 4.4% during the second quarter. Sequoia Financial Advisors LLC now owns 1,031,592 shares of the company’s stock valued at $48,877,000 after buying an additional 43,925 shares during the last quarter. Financial Plan Inc. boosted its stake in Avantis Real Estate ETF by 18.6% during the first quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock valued at $31,357,000 after buying an additional 111,473 shares during the last quarter. Quantum Financial Advisors LLC boosted its stake in Avantis Real Estate ETF by 7.3% during the second quarter. Quantum Financial Advisors LLC now owns 455,253 shares of the company’s stock valued at $21,570,000 after buying an additional 31,011 shares during the last quarter. Finally, BetterWealth LLC grew its holdings in Avantis Real Estate ETF by 2.4% during the 1st quarter. BetterWealth LLC now owns 339,282 shares of the company’s stock valued at $14,935,000 after buying an additional 7,794 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

NYSEARCA:AVRE traded up $0.15 during trading hours on Friday, reaching $45.02. The stock had a trading volume of 39,129 shares, compared to its average volume of 67,911. Avantis Real Estate ETF has a 52 week low of $42.98 and a 52 week high of $49.72. The company has a 50 day moving average price of $46.25 and a two-hundred day moving average price of $47.04. The stock has a market capitalization of $868.89 million, a PE ratio of 28.60 and a beta of 0.89.

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.