Park Avenue Securities LLC Increases Stock Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Park Avenue Securities LLC lifted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 13.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 77,731 shares of the company’s stock after buying an additional 9,207 shares during the period. Park Avenue Securities LLC’s holdings in Avantis Real Estate ETF were worth $3,343,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. LexAurum Advisors LLC lifted its position in Avantis Real Estate ETF by 8.7% during the first quarter. LexAurum Advisors LLC now owns 135,835 shares of the company’s stock valued at $5,842,000 after buying an additional 10,847 shares in the last quarter. DBK Financial Counsel LLC raised its stake in shares of Avantis Real Estate ETF by 1.5% in the 1st quarter. DBK Financial Counsel LLC now owns 54,020 shares of the company’s stock valued at $2,323,000 after acquiring an additional 801 shares during the period. Level Financial Advisors raised its stake in shares of Avantis Real Estate ETF by 3.0% in the 1st quarter. Level Financial Advisors now owns 157,731 shares of the company’s stock valued at $6,784,000 after acquiring an additional 4,641 shares during the period. Collective Family Office LLC lifted its holdings in shares of Avantis Real Estate ETF by 7.0% during the 1st quarter. Collective Family Office LLC now owns 110,231 shares of the company’s stock valued at $4,741,000 after acquiring an additional 7,251 shares in the last quarter. Finally, Avant Financial Advisors LLC acquired a new position in shares of Avantis Real Estate ETF during the 4th quarter valued at $527,000.

Avantis Real Estate ETF Trading Up 0.0%

Shares of NYSEARCA AVRE opened at $44.35 on Tuesday. Avantis Real Estate ETF has a 12-month low of $37.71 and a 12-month high of $48.36. The company has a market cap of $590.74 million, a P/E ratio of 25.60 and a beta of 0.96. The stock has a fifty day moving average price of $42.81 and a 200 day moving average price of $42.98.

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.