HTG Investment Advisors Inc. Acquires 5,016 Shares of Avantis Real Estate ETF $AVRE

HTG Investment Advisors Inc. raised its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 8.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 66,304 shares of the company’s stock after acquiring an additional 5,016 shares during the period. Avantis Real Estate ETF comprises approximately 1.1% of HTG Investment Advisors Inc.’s holdings, making the stock its 21st biggest position. HTG Investment Advisors Inc.’s holdings in Avantis Real Estate ETF were worth $2,928,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Simplicity Wealth LLC grew its stake in shares of Avantis Real Estate ETF by 113.4% in the second quarter. Simplicity Wealth LLC now owns 207,576 shares of the company’s stock worth $9,167,000 after purchasing an additional 110,301 shares during the last quarter. Life Planning Partners Inc lifted its holdings in Avantis Real Estate ETF by 4.1% during the 2nd quarter. Life Planning Partners Inc now owns 29,186 shares of the company’s stock worth $1,289,000 after buying an additional 1,150 shares during the period. Keb Asset Management LLC lifted its holdings in Avantis Real Estate ETF by 66.6% during the 2nd quarter. Keb Asset Management LLC now owns 10,790 shares of the company’s stock worth $476,000 after buying an additional 4,315 shares during the period. Magnolia Private Wealth LLC grew its position in shares of Avantis Real Estate ETF by 84.1% in the 2nd quarter. Magnolia Private Wealth LLC now owns 9,892 shares of the company’s stock valued at $437,000 after buying an additional 4,520 shares during the last quarter. Finally, FMB Wealth Management grew its position in shares of Avantis Real Estate ETF by 10.1% in the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock valued at $256,000 after buying an additional 533 shares during the last quarter.

Avantis Real Estate ETF Trading Down 0.8%

Shares of AVRE stock opened at $44.28 on Tuesday. Avantis Real Estate ETF has a 1-year low of $37.71 and a 1-year high of $46.72. The stock has a market cap of $659.77 million, a price-to-earnings ratio of 28.60 and a beta of 0.96. The stock has a 50-day moving average of $44.46 and a 200-day moving average of $43.78.

Avantis Real Estate ETF 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.