Avantis Real Estate ETF (NYSEARCA:AVRE) Stock Position Increased by American Century Companies Inc.

American Century Companies Inc. boosted its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 11.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 252,867 shares of the company’s stock after buying an additional 25,254 shares during the quarter. American Century Companies Inc. owned 2.37% of Avantis Real Estate ETF worth $10,423,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC bought a new position in shares of Avantis Real Estate ETF in the fourth quarter valued at $136,000. Cypress Point Wealth Management LLC acquired a new stake in shares of Avantis Real Estate ETF during the second quarter worth $211,000. Simplicity Wealth LLC purchased a new stake in shares of Avantis Real Estate ETF during the second quarter valued at $313,000. Morton Brown Family Wealth LLC lifted its holdings in shares of Avantis Real Estate ETF by 62.6% during the second quarter. Morton Brown Family Wealth LLC now owns 7,307 shares of the company’s stock valued at $318,000 after purchasing an additional 2,813 shares during the last quarter. Finally, Abacus Planning Group Inc. boosted its position in shares of Avantis Real Estate ETF by 3.9% in the 1st quarter. Abacus Planning Group Inc. now owns 7,609 shares of the company’s stock valued at $322,000 after purchasing an additional 289 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA:AVRE opened at $47.55 on Monday. The firm has a 50 day simple moving average of $45.21 and a 200 day simple moving average of $42.54. Avantis Real Estate ETF has a 52 week low of $35.03 and a 52 week high of $48.36. The company has a market cap of $507.83 million, a PE ratio of 19.23 and a beta of 0.85.

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.