BetterWealth LLC Grows Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

BetterWealth LLC increased its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 66.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,043 shares of the company’s stock after acquiring an additional 106,823 shares during the period. Avantis Real Estate ETF makes up approximately 3.7% of BetterWealth LLC’s investment portfolio, making the stock its 10th biggest position. BetterWealth LLC owned approximately 2.57% of Avantis Real Estate ETF worth $11,291,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Beaird Harris Wealth Management LLC boosted its stake in Avantis Real Estate ETF by 754.1% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 42,473 shares of the company’s stock valued at $1,596,000 after purchasing an additional 37,500 shares in the last quarter. Willow Creek Wealth Management Inc. boosted its stake in Avantis Real Estate ETF by 21.2% during the third quarter. Willow Creek Wealth Management Inc. now owns 10,656 shares of the company’s stock valued at $400,000 after buying an additional 1,867 shares in the last quarter. American Century Companies Inc. grew its holdings in Avantis Real Estate ETF by 33.5% during the third quarter. American Century Companies Inc. now owns 178,995 shares of the company’s stock worth $6,725,000 after acquiring an additional 44,901 shares during the period. Austin Wealth Management LLC bought a new stake in Avantis Real Estate ETF in the third quarter worth about $685,000. Finally, Apella Capital LLC raised its position in Avantis Real Estate ETF by 216.3% in the fourth quarter. Apella Capital LLC now owns 27,099 shares of the company’s stock worth $1,150,000 after acquiring an additional 18,532 shares in the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA:AVRE traded up $0.16 during trading hours on Thursday, hitting $41.22. 16,023 shares of the company’s stock traded hands, compared to its average volume of 54,146. The company’s fifty day simple moving average is $41.02 and its two-hundred day simple moving average is $41.40. The company has a market cap of $440.23 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a 52 week low of $35.03 and a 52 week high of $43.95.

Avantis Real Estate ETF Company 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.