Axxcess Wealth Management LLC Buys 1,592 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Axxcess Wealth Management LLC raised its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 10.1% in the 4th quarter, Holdings Channel reports. The firm owned 17,350 shares of the company’s stock after acquiring an additional 1,592 shares during the period. Axxcess Wealth Management LLC’s holdings in Avantis Real Estate ETF were worth $727,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Curio Wealth LLC purchased a new stake in shares of Avantis Real Estate ETF in the fourth quarter worth about $207,000. Poinciana Advisors Group LLC bought a new position in shares of Avantis Real Estate ETF during the 4th quarter valued at approximately $627,000. Commonwealth Equity Services LLC grew its holdings in shares of Avantis Real Estate ETF by 12.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 24,774 shares of the company’s stock valued at $1,039,000 after purchasing an additional 2,692 shares in the last quarter. Austin Wealth Management LLC increased its position in Avantis Real Estate ETF by 12.4% in the fourth quarter. Austin Wealth Management LLC now owns 59,123 shares of the company’s stock worth $2,492,000 after purchasing an additional 6,505 shares during the last quarter. Finally, Parkworth Wealth Management Inc. purchased a new stake in Avantis Real Estate ETF during the fourth quarter valued at $827,000.

Avantis Real Estate ETF Stock Down 0.1 %

Shares of NYSEARCA:AVRE opened at $43.36 on Friday. The firm has a fifty day simple moving average of $42.95 and a two-hundred day simple moving average of $44.31. Avantis Real Estate ETF has a 52 week low of $38.74 and a 52 week high of $48.36. The stock has a market capitalization of $558.48 million, a P/E ratio of 25.53 and a beta of 1.01.

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.