Life Planning Partners Inc bought a new position in Avantis Real Estate ETF (NYSEARCA:AVRE – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor bought 35,331 shares of the company’s stock, valued at approximately $1,567,000. Avantis Real Estate ETF comprises about 1.3% of Life Planning Partners Inc’s holdings, making the stock its 21st biggest holding.
A number of other institutional investors have also recently made changes to their positions in the stock. Empowered Funds LLC raised its position in Avantis Real Estate ETF by 7.6% during the first quarter. Empowered Funds LLC now owns 1,237,572 shares of the company’s stock valued at $54,478,000 after purchasing an additional 87,835 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Avantis Real Estate ETF by 4.4% during the second quarter. Sequoia Financial Advisors LLC now owns 1,031,592 shares of the company’s stock valued at $48,877,000 after purchasing an additional 43,925 shares during the period. Financial Plan Inc. boosted its position in Avantis Real Estate ETF by 18.6% during the 1st quarter. Financial Plan Inc. now owns 712,325 shares of the company’s stock valued at $31,357,000 after buying an additional 111,473 shares during the period. Quantum Financial Advisors LLC boosted its holdings in shares of Avantis Real Estate ETF by 7.3% during the second quarter. Quantum Financial Advisors LLC now owns 455,253 shares of the company’s stock worth $21,570,000 after purchasing an additional 31,011 shares during the period. Finally, ShankerValleau Wealth Advisors Inc. grew its position in shares of Avantis Real Estate ETF by 2.8% in the 2nd quarter. ShankerValleau Wealth Advisors Inc. now owns 384,164 shares of the company’s stock worth $18,202,000 after buying an additional 10,520 shares during the last quarter.
Avantis Real Estate ETF Trading Up 1.8%
Shares of Avantis Real Estate ETF stock opened at $46.01 on Friday. Avantis Real Estate ETF has a 12-month low of $42.98 and a 12-month high of $49.72. The company’s fifty day simple moving average is $45.77 and its two-hundred day simple moving average is $46.56. The company has a market cap of $883.39 million, a P/E ratio of 28.60 and a beta of 0.89.
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.
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