Avantis Real Estate ETF (NYSEARCA:AVRE) is WorthPointe LLC’s 7th Largest Position

WorthPointe LLC cut its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 234,819 shares of the company’s stock after selling 3,584 shares during the quarter. Avantis Real Estate ETF comprises approximately 4.0% of WorthPointe LLC’s portfolio, making the stock its 7th biggest holding. WorthPointe LLC’s holdings in Avantis Real Estate ETF were worth $9,844,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Aspect Partners LLC grew its stake in Avantis Real Estate ETF by 152.0% during the fourth quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after buying an additional 456 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Avantis Real Estate ETF in the fourth quarter worth about $46,000. Life Planning Partners Inc raised its holdings in shares of Avantis Real Estate ETF by 4,382.9% during the 4th quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock valued at $47,000 after buying an additional 1,102,704 shares during the period. SJS Investment Consulting Inc. acquired a new position in Avantis Real Estate ETF during the 4th quarter worth approximately $79,000. Finally, Curio Wealth LLC acquired a new stake in Avantis Real Estate ETF in the fourth quarter valued at approximately $207,000.

Avantis Real Estate ETF Trading Up 1.3 %

Shares of AVRE stock opened at $43.41 on Tuesday. The firm has a fifty day simple moving average of $43.04 and a 200-day simple moving average of $44.23. The company has a market capitalization of $559.12 million, a PE ratio of 25.53 and a beta of 1.01. Avantis Real Estate ETF has a twelve month low of $38.74 and a twelve month high of $48.36.

About Avantis Real Estate ETF

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.