Avantis Real Estate ETF $AVRE Stock: Prairiewood Capital LLC Grows Holdings

Prairiewood Capital LLC raised its stake in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,425 shares of the company’s stock after acquiring an additional 23,567 shares during the period. Avantis Real Estate ETF comprises approximately 3.8% of Prairiewood Capital LLC’s investment portfolio, making the stock its 9th largest holding. Prairiewood Capital LLC owned 1.77% of Avantis Real Estate ETF worth $15,187,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. ShankerValleau Wealth Advisors Inc. lifted its holdings in Avantis Real Estate ETF by 3.3% during the 3rd quarter. ShankerValleau Wealth Advisors Inc. now owns 396,972 shares of the company’s stock worth $17,606,000 after purchasing an additional 12,808 shares in the last quarter. Cherry Tree Wealth Management LLC grew its holdings in shares of Avantis Real Estate ETF by 1,318.5% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 13,391 shares of the company’s stock valued at $594,000 after purchasing an additional 12,447 shares during the last quarter. SC&H Financial Advisors Inc. bought a new position in Avantis Real Estate ETF during the 3rd quarter worth approximately $1,186,000. Vestment Financial LLC increased its stake in shares of Avantis Real Estate ETF by 0.7% in the third quarter. Vestment Financial LLC now owns 152,574 shares of the company’s stock worth $6,675,000 after buying an additional 1,066 shares during the period. Finally, Level Financial Advisors purchased a new position in shares of Avantis Real Estate ETF during the third quarter valued at approximately $7,767,000.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA AVRE traded up $0.15 during mid-day trading on Friday, hitting $45.02. 39,129 shares of the stock traded hands, compared to its average volume of 67,911. The stock has a fifty day moving average price of $46.25 and a 200-day moving average price of $47.04. The company has a market cap of $868.89 million, a price-to-earnings ratio of 28.60 and a beta of 0.89. Avantis Real Estate ETF has a 52 week low of $42.98 and a 52 week high of $49.72.

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.