ShankerValleau Wealth Advisors Inc. Cuts Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

ShankerValleau Wealth Advisors Inc. lessened its holdings in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 12.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 281,982 shares of the company’s stock after selling 38,744 shares during the quarter. Avantis Real Estate ETF accounts for approximately 4.5% of ShankerValleau Wealth Advisors Inc.’s portfolio, making the stock its 7th largest position. ShankerValleau Wealth Advisors Inc. owned about 2.64% of Avantis Real Estate ETF worth $13,293,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Abacus Planning Group Inc. lifted its position in 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 acquiring an additional 289 shares in the last quarter. Creative Planning grew its holdings in Avantis Real Estate ETF by 1.7% during the second quarter. Creative Planning now owns 25,689 shares of the company’s stock worth $1,059,000 after buying an additional 428 shares in the last quarter. Apella Capital LLC raised its position in Avantis Real Estate ETF by 1.8% in the 3rd quarter. Apella Capital LLC now owns 28,202 shares of the company’s stock valued at $1,314,000 after buying an additional 490 shares during the last quarter. Flagstone Financial Management lifted its stake in Avantis Real Estate ETF by 6.1% during the 1st quarter. Flagstone Financial Management now owns 17,865 shares of the company’s stock valued at $755,000 after acquiring an additional 1,024 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Avantis Real Estate ETF by 16.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 10,647 shares of the company’s stock valued at $436,000 after acquiring an additional 1,497 shares in the last quarter.

Avantis Real Estate ETF Price Performance

NYSEARCA AVRE opened at $45.65 on Wednesday. The company has a fifty day moving average price of $45.99 and a 200-day moving average price of $42.94. The firm has a market cap of $487.54 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. Avantis Real Estate ETF has a 1 year low of $35.03 and a 1 year 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.