Hill Investment Group Partners LLC Boosts Stock Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Hill Investment Group Partners LLC grew its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 3.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 731,855 shares of the company’s stock after acquiring an additional 22,604 shares during the quarter. Avantis Real Estate ETF accounts for about 4.3% of Hill Investment Group Partners LLC’s investment portfolio, making the stock its 10th largest holding. Hill Investment Group Partners LLC owned about 6.85% of Avantis Real Estate ETF worth $31,931,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of AVRE. Wealthcare Advisory Partners LLC acquired a new position in shares of Avantis Real Estate ETF in the 4th quarter valued at approximately $221,000. Farther Finance Advisors LLC boosted its holdings in shares of Avantis Real Estate ETF by 16.4% in the second quarter. Farther Finance Advisors LLC now owns 10,647 shares of the company’s stock valued at $436,000 after buying an additional 1,497 shares during the period. Sprinkle Financial Consultants LLC bought a new stake in shares of Avantis Real Estate ETF during the fourth quarter worth $540,000. MB Generational Wealth LLC acquired a new stake in shares of Avantis Real Estate ETF during the fourth quarter worth $389,000. Finally, Pacific Life Fund Advisors LLC raised its holdings in shares of Avantis Real Estate ETF by 0.4% during the fourth quarter. Pacific Life Fund Advisors LLC now owns 81,099 shares of the company’s stock worth $3,512,000 after acquiring an additional 354 shares during the period.

Avantis Real Estate ETF Trading Up 0.2 %

Shares of NYSEARCA AVRE opened at $46.49 on Friday. The company has a fifty day moving average price of $43.89 and a 200 day moving average price of $42.06. The firm has a market cap of $496.51 million, a PE ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a 1-year low of $35.03 and a 1-year high of $46.77.

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.