Avantis Real Estate ETF $AVRE is ShankerValleau Wealth Advisors Inc.’s 7th Largest Position

ShankerValleau Wealth Advisors Inc. increased its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 384,059 shares of the company’s stock after purchasing an additional 25,782 shares during the quarter. Avantis Real Estate ETF makes up about 4.5% of ShankerValleau Wealth Advisors Inc.’s investment portfolio, making the stock its 7th largest position. ShankerValleau Wealth Advisors Inc.’s holdings in Avantis Real Estate ETF were worth $16,718,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. W.H. Cornerstone Investments Inc. purchased a new position in Avantis Real Estate ETF during the 3rd quarter valued at about $201,000. Tortoise Investment Management LLC grew its position in shares of Avantis Real Estate ETF by 22.9% in the third quarter. Tortoise Investment Management LLC now owns 4,825 shares of the company’s stock valued at $215,000 after purchasing an additional 900 shares during the last quarter. Clune & Associates LTD. increased its stake in shares of Avantis Real Estate ETF by 20.7% during the 3rd quarter. Clune & Associates LTD. now owns 6,015 shares of the company’s stock worth $268,000 after purchasing an additional 1,030 shares in the last quarter. Willow Creek Wealth Management Inc. increased its stake in shares of Avantis Real Estate ETF by 6.6% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 7,345 shares of the company’s stock worth $327,000 after purchasing an additional 455 shares in the last quarter. Finally, Magnolia Private Wealth LLC raised its position in shares of Avantis Real Estate ETF by 10.7% during the 3rd quarter. Magnolia Private Wealth LLC now owns 10,952 shares of the company’s stock worth $487,000 after purchasing an additional 1,060 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA:AVRE opened at $45.04 on Friday. The business’s fifty day moving average price is $45.70 and its two-hundred day moving average price is $44.71. The stock has a market cap of $702.62 million, a PE ratio of 28.60 and a beta of 0.93. Avantis Real Estate ETF has a one year low of $37.71 and a one year high of $47.81.

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.