Avantis Real Estate ETF $AVRE Shares Acquired by Sentinel Wealth Management Inc.

Sentinel Wealth Management Inc. boosted its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 64.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,893 shares of the company’s stock after buying an additional 39,057 shares during the quarter. Avantis Real Estate ETF makes up about 3.9% of Sentinel Wealth Management Inc.’s investment portfolio, making the stock its 10th largest position. Sentinel Wealth Management Inc. owned 0.67% of Avantis Real Estate ETF worth $4,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Burk Holdings LLC acquired a new stake in shares of Avantis Real Estate ETF during the 2nd quarter worth about $2,752,000. BLVD Private Wealth LLC bought a new stake in Avantis Real Estate ETF during the 2nd quarter worth approximately $1,725,000. Fifth Third Securities Inc. bought a new stake in shares of Avantis Real Estate ETF during the third quarter worth $576,000. Quantum Financial Advisors LLC raised its stake in shares of Avantis Real Estate ETF by 6.1% in the third quarter. Quantum Financial Advisors LLC now owns 384,991 shares of the company’s stock worth $17,124,000 after acquiring an additional 22,192 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Avantis Real Estate ETF by 7.2% during the 2nd quarter. American Century Companies Inc. now owns 347,779 shares of the company’s stock valued at $15,358,000 after purchasing an additional 23,492 shares during the period.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA:AVRE opened at $47.15 on Thursday. The stock has a market cap of $735.54 million, a price-to-earnings ratio of 28.60 and a beta of 0.93. The company has a 50 day moving average of $44.88 and a 200-day moving average of $44.51. Avantis Real Estate ETF has a one year low of $37.71 and a one year high of $47.63.

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.