Avantis Real Estate ETF $AVRE Holdings Cut by Equita Financial Network Inc.

Equita Financial Network Inc. reduced its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 6.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 169,789 shares of the company’s stock after selling 12,151 shares during the period. Avantis Real Estate ETF makes up about 3.0% of Equita Financial Network Inc.’s holdings, making the stock its 8th biggest holding. Equita Financial Network Inc. owned approximately 1.24% of Avantis Real Estate ETF worth $7,498,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Park Square Financial Group LLC acquired a new position in shares of Avantis Real Estate ETF in the first quarter worth about $31,000. Clune & Associates LTD. purchased a new stake in Avantis Real Estate ETF during the 1st quarter worth approximately $203,000. Curio Wealth LLC raised its position in shares of Avantis Real Estate ETF by 48,318.2% in the 2nd quarter. Curio Wealth LLC now owns 5,326 shares of the company’s stock valued at $235,000 after purchasing an additional 5,315 shares in the last quarter. FMB Wealth Management boosted its stake in shares of Avantis Real Estate ETF by 10.1% during the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock valued at $256,000 after buying an additional 533 shares during the last quarter. Finally, Keb Asset Management LLC purchased a new position in shares of Avantis Real Estate ETF during the 1st quarter valued at approximately $278,000.

Avantis Real Estate ETF Trading Up 0.1%

AVRE stock opened at $45.31 on Tuesday. The firm has a 50 day simple moving average of $44.60 and a 200-day simple moving average of $44.07. The company has a market capitalization of $679.65 million, a P/E ratio of 28.60 and a beta of 0.93. Avantis Real Estate ETF has a twelve month low of $37.71 and a twelve month high of $46.21.

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.