WorthPointe LLC Sells 473 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

WorthPointe LLC cut its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 0.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 238,403 shares of the company’s stock after selling 473 shares during the period. Avantis Real Estate ETF accounts for 4.7% of WorthPointe LLC’s investment portfolio, making the stock its 5th largest holding. WorthPointe LLC’s holdings in Avantis Real Estate ETF were worth $11,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Good Life Advisors LLC lifted its position in shares of Avantis Real Estate ETF by 3.3% in the 3rd quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock worth $383,000 after purchasing an additional 263 shares during the period. Sprinkle Financial Consultants LLC raised its stake in Avantis Real Estate ETF by 1.7% during the third quarter. Sprinkle Financial Consultants LLC now owns 19,535 shares of the company’s stock worth $921,000 after buying an additional 327 shares during the last quarter. Morton Brown Family Wealth LLC lifted its holdings in Avantis Real Estate ETF by 4.5% in the third quarter. Morton Brown Family Wealth LLC now owns 7,639 shares of the company’s stock valued at $360,000 after buying an additional 332 shares during the period. Creative Planning boosted its position in Avantis Real Estate ETF by 1.7% during the second quarter. Creative Planning now owns 25,689 shares of the company’s stock valued at $1,059,000 after acquiring an additional 428 shares during the last quarter. Finally, Apella Capital LLC grew its holdings in Avantis Real Estate ETF by 1.8% during the 3rd quarter. Apella Capital LLC now owns 28,202 shares of the company’s stock worth $1,314,000 after acquiring an additional 490 shares during the period.

Avantis Real Estate ETF Trading Up 0.2 %

AVRE stock opened at $45.64 on Wednesday. Avantis Real Estate ETF has a 1-year low of $38.74 and a 1-year high of $48.36. The stock has a 50-day moving average price of $45.79 and a 200-day moving average price of $44.09. The firm has a market cap of $487.44 million, a PE ratio of 19.23 and a beta of 0.85.

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.