14,949 Shares in Avantis Real Estate ETF (NYSEARCA:AVRE) Bought by Poinciana Advisors Group LLC

Poinciana Advisors Group LLC bought a new position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 14,949 shares of the company’s stock, valued at approximately $627,000. Avantis Real Estate ETF comprises 0.6% of Poinciana Advisors Group LLC’s holdings, making the stock its 24th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Empowered Funds LLC grew its stake in Avantis Real Estate ETF by 11.1% during the 4th quarter. Empowered Funds LLC now owns 1,187,794 shares of the company’s stock worth $49,792,000 after buying an additional 118,936 shares during the last quarter. Life Planning Partners Inc grew its stake in 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 purchasing an additional 1,102,704 shares during the last quarter. ShankerValleau Wealth Advisors Inc. grew its stake in Avantis Real Estate ETF by 14.0% during the 4th quarter. ShankerValleau Wealth Advisors Inc. now owns 321,502 shares of the company’s stock valued at $13,477,000 after purchasing an additional 39,520 shares during the last quarter. Physician Wealth Solutions Inc. grew its stake in Avantis Real Estate ETF by 0.9% during the 4th quarter. Physician Wealth Solutions Inc. now owns 313,736 shares of the company’s stock valued at $13,152,000 after purchasing an additional 2,745 shares during the last quarter. Finally, BetterWealth LLC grew its stake in Avantis Real Estate ETF by 1.4% during the 4th quarter. BetterWealth LLC now owns 285,056 shares of the company’s stock valued at $11,950,000 after purchasing an additional 3,988 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

Avantis Real Estate ETF stock opened at $43.00 on Friday. The business’s 50-day simple moving average is $42.78 and its two-hundred day simple moving average is $44.40. The company has a market cap of $548.68 million, a PE ratio of 28.25 and a beta of 1.02. Avantis Real Estate ETF has a fifty-two week low of $38.74 and a fifty-two week high of $48.36.

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.