Simplicity Wealth LLC Purchases 110,301 Shares of Avantis Real Estate ETF $AVRE

Simplicity Wealth LLC grew its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 113.4% in the 2nd quarter, Holdings Channel reports. The firm owned 207,576 shares of the company’s stock after acquiring an additional 110,301 shares during the quarter. Simplicity Wealth LLC’s holdings in Avantis Real Estate ETF were worth $9,167,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC raised its holdings in Avantis Real Estate ETF by 0.5% during the 1st quarter. Chicago Partners Investment Group LLC now owns 94,110 shares of the company’s stock worth $4,120,000 after purchasing an additional 450 shares during the last quarter. Parkworth Wealth Management Inc. grew its position in shares of Avantis Real Estate ETF by 2.5% during the 1st quarter. Parkworth Wealth Management Inc. now owns 20,214 shares of the company’s stock worth $869,000 after buying an additional 494 shares during the period. FMB Wealth Management grew its position in shares of Avantis Real Estate ETF by 10.1% during the 2nd quarter. FMB Wealth Management now owns 5,800 shares of the company’s stock worth $256,000 after buying an additional 533 shares during the period. SJS Investment Consulting Inc. grew its position in shares of Avantis Real Estate ETF by 32.8% during the 1st quarter. SJS Investment Consulting Inc. now owns 2,494 shares of the company’s stock worth $107,000 after buying an additional 616 shares during the period. Finally, Endeavor Private Wealth Inc. grew its position in shares of Avantis Real Estate ETF by 7.1% during the 1st quarter. Endeavor Private Wealth Inc. now owns 9,753 shares of the company’s stock worth $419,000 after buying an additional 649 shares during the period.

Avantis Real Estate ETF Stock Up 0.5%

Shares of AVRE stock opened at $44.63 on Friday. The company has a market cap of $664.99 million, a price-to-earnings ratio of 28.60 and a beta of 0.96. Avantis Real Estate ETF has a 52 week low of $37.71 and a 52 week high of $46.72. The firm has a 50 day moving average of $44.46 and a 200-day moving average of $43.77.

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.