Simplicity Wealth LLC Acquires 96,377 Shares of Avantis Real Estate ETF $AVRE

Simplicity Wealth LLC acquired a new position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 96,377 shares of the company’s stock, valued at approximately $4,274,000. Simplicity Wealth LLC owned approximately 0.50% of Avantis Real Estate ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC increased its stake in shares of Avantis Real Estate ETF by 7.6% in the 1st quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock valued at $54,478,000 after buying an additional 87,835 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of 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 worth $48,877,000 after acquiring an additional 43,925 shares during the last quarter. Financial Plan Inc. raised its position in shares of Avantis Real Estate ETF by 18.6% during the first quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock worth $31,357,000 after acquiring an additional 111,473 shares during the last quarter. Quantum Financial Advisors LLC lifted its stake in shares of 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 acquiring an additional 31,011 shares during the period. Finally, ShankerValleau Wealth Advisors Inc. lifted its stake in shares of Avantis Real Estate ETF by 3.3% during the third quarter. ShankerValleau Wealth Advisors Inc. now owns 396,972 shares of the company’s stock valued at $17,606,000 after acquiring an additional 12,808 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of AVRE opened at $45.49 on Monday. The stock’s fifty day simple moving average is $45.95 and its 200-day simple moving average is $47.09. The firm has a market capitalization of $873.41 million, a PE ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.72.

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.