Cwm LLC Buys 123,314 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Cwm LLC raised its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 1,287.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 132,894 shares of the company’s stock after acquiring an additional 123,314 shares during the quarter. Cwm LLC’s holdings in Avantis Real Estate ETF were worth $5,756,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of AVRE. Morton Brown Family Wealth LLC bought a new stake in Avantis Real Estate ETF during the third quarter valued at about $92,000. IFP Advisors Inc raised its holdings in Avantis Real Estate ETF by 60.6% during the third quarter. IFP Advisors Inc now owns 3,152 shares of the company’s stock valued at $118,000 after acquiring an additional 1,189 shares during the period. Annapolis Financial Services LLC raised its holdings in Avantis Real Estate ETF by 514.4% during the fourth quarter. Annapolis Financial Services LLC now owns 4,645 shares of the company’s stock valued at $201,000 after acquiring an additional 3,889 shares during the period. Allworth Financial LP grew its position in shares of Avantis Real Estate ETF by 586.0% during the fourth quarter. Allworth Financial LP now owns 4,857 shares of the company’s stock valued at $210,000 after purchasing an additional 4,149 shares in the last quarter. Finally, Good Life Advisors LLC purchased a new position in shares of Avantis Real Estate ETF during the fourth quarter valued at about $298,000.

Avantis Real Estate ETF Stock Up 0.8 %

Shares of Avantis Real Estate ETF stock opened at $39.73 on Wednesday. The firm has a market cap of $413.19 million, a price-to-earnings ratio of 18.77 and a beta of 0.96. The business has a 50-day moving average price of $41.23 and a 200-day moving average price of $40.60. Avantis Real Estate ETF has a twelve month low of $35.03 and a twelve month high of $43.95.

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.