Nicolet Advisory Services LLC Purchases 152,261 Shares of Avantis Real Estate ETF $AVRE

Nicolet Advisory Services LLC increased its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 46.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 478,625 shares of the company’s stock after purchasing an additional 152,261 shares during the period. Avantis Real Estate ETF comprises 1.6% of Nicolet Advisory Services LLC’s investment portfolio, making the stock its 12th largest position. Nicolet Advisory Services LLC’s holdings in Avantis Real Estate ETF were worth $21,103,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in AVRE. W.H. Cornerstone Investments Inc. purchased a new position in Avantis Real Estate ETF during the third quarter valued at $201,000. Tortoise Investment Management LLC grew its position in shares of Avantis Real Estate ETF by 22.9% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,825 shares of the company’s stock worth $215,000 after buying an additional 900 shares during the period. Clune & Associates LTD. grew its position in shares of Avantis Real Estate ETF by 20.7% in the 3rd quarter. Clune & Associates LTD. now owns 6,015 shares of the company’s stock worth $268,000 after buying an additional 1,030 shares during the period. Willow Creek Wealth Management Inc. increased its stake in shares of Avantis Real Estate ETF by 6.6% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 7,345 shares of the company’s stock worth $327,000 after acquiring an additional 455 shares in the last quarter. Finally, Good Life Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 3.4% in the 2nd quarter. Good Life Advisors LLC now owns 8,419 shares of the company’s stock worth $372,000 after acquiring an additional 274 shares in the last quarter.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA AVRE opened at $45.19 on Friday. Avantis Real Estate ETF has a 1 year low of $37.71 and a 1 year high of $47.81. The firm has a 50-day moving average of $45.57 and a 200 day moving average of $44.69. The stock has a market cap of $704.96 million, a P/E ratio of 28.60 and a beta of 0.93.

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.