LexAurum Advisors LLC Makes New $5.24 Million Investment in Avantis Real Estate ETF (NYSEARCA:AVRE)

LexAurum Advisors LLC bought a new stake in Avantis Real Estate ETF (NYSEARCA:AVRE) in the 4th quarter, Holdings Channel.com reports. The fund bought 124,988 shares of the company’s stock, valued at approximately $5,239,000. Avantis Real Estate ETF accounts for about 1.0% of LexAurum Advisors LLC’s holdings, making the stock its 24th biggest position.

Several other large investors have also recently added to or reduced their stakes in AVRE. Good Life Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 3.3% during the 3rd quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock valued at $383,000 after acquiring an additional 263 shares during the last quarter. Sprinkle Financial Consultants LLC grew its holdings in Avantis Real Estate ETF by 1.7% in the third quarter. Sprinkle Financial Consultants LLC now owns 19,535 shares of the company’s stock valued at $921,000 after purchasing an additional 327 shares during the period. Morton Brown Family Wealth LLC increased its position in Avantis Real Estate ETF by 4.5% during the third quarter. Morton Brown Family Wealth LLC now owns 7,639 shares of the company’s stock worth $360,000 after purchasing an additional 332 shares during the last quarter. Apella Capital LLC raised its stake in Avantis Real Estate ETF by 1.3% during the fourth quarter. Apella Capital LLC now owns 28,568 shares of the company’s stock worth $1,198,000 after purchasing an additional 366 shares during the period. Finally, DBK Financial Counsel LLC boosted its holdings in shares of Avantis Real Estate ETF by 0.8% in the 4th quarter. DBK Financial Counsel LLC now owns 53,219 shares of the company’s stock valued at $2,231,000 after purchasing an additional 424 shares during the last quarter.

Avantis Real Estate ETF Stock Up 0.7 %

AVRE stock opened at $42.45 on Friday. The company has a market cap of $453.37 million, a price-to-earnings ratio of 19.23 and a beta of 0.85. The business has a fifty day simple moving average of $43.19 and a 200-day simple moving average of $44.55. Avantis Real Estate ETF has a 52 week low of $38.74 and a 52 week high of $48.36.

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.