Endeavor Private Wealth Inc. Has $419,000 Stock Position in Avantis Real Estate ETF (NYSEARCA:AVRE)

Endeavor Private Wealth Inc. increased its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.1% during the first quarter, Holdings Channel.com reports. The fund owned 9,753 shares of the company’s stock after buying an additional 649 shares during the period. Endeavor Private Wealth Inc.’s holdings in Avantis Real Estate ETF were worth $419,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AVRE. LPL Financial LLC lifted its stake in Avantis Real Estate ETF by 43.7% in the fourth quarter. LPL Financial LLC now owns 153,877 shares of the company’s stock valued at $6,451,000 after buying an additional 46,787 shares during the period. JPMorgan Chase & Co. lifted its stake in Avantis Real Estate ETF by 276.8% in the fourth quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock valued at $106,000 after buying an additional 1,857 shares during the period. Envestnet Asset Management Inc. lifted its stake in Avantis Real Estate ETF by 10.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 153,868 shares of the company’s stock valued at $6,450,000 after buying an additional 14,557 shares during the period. Garrison Point Advisors LLC acquired a new position in Avantis Real Estate ETF in the fourth quarter valued at approximately $574,000. Finally, Rockefeller Capital Management L.P. acquired a new position in Avantis Real Estate ETF in the fourth quarter valued at approximately $490,000.

Avantis Real Estate ETF Stock Up 0.2%

Shares of NYSEARCA:AVRE opened at $43.63 on Friday. Avantis Real Estate ETF has a twelve month low of $37.71 and a twelve month high of $48.36. The stock’s 50 day moving average is $44.27 and its 200-day moving average is $43.32. The firm has a market capitalization of $595.11 million, a price-to-earnings ratio of 28.60 and a beta of 0.96.

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.