Sprinkle Financial Consultants LLC Acquires 327 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Sprinkle Financial Consultants LLC grew its stake in Avantis Real Estate ETF (NYSEARCA:AVRE) by 1.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,535 shares of the company’s stock after purchasing an additional 327 shares during the quarter. Sprinkle Financial Consultants LLC owned approximately 0.18% of Avantis Real Estate ETF worth $921,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Cypress Point Wealth Management LLC bought a new position in Avantis Real Estate ETF during the 2nd quarter valued at $211,000. Simplicity Wealth LLC purchased a new position in Avantis Real Estate ETF during the second quarter worth about $313,000. Morton Brown Family Wealth LLC grew its position in Avantis Real Estate ETF by 62.6% in the 2nd quarter. Morton Brown Family Wealth LLC now owns 7,307 shares of the company’s stock worth $318,000 after purchasing an additional 2,813 shares in the last quarter. Good Life Advisors LLC grew its position in Avantis Real Estate ETF by 3.3% in the 3rd quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock worth $383,000 after purchasing an additional 263 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Avantis Real Estate ETF by 16.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 10,647 shares of the company’s stock valued at $436,000 after buying an additional 1,497 shares during the last quarter.

Avantis Real Estate ETF Price Performance

Shares of NYSEARCA AVRE traded up $0.16 during midday trading on Wednesday, reaching $45.86. The company’s stock had a trading volume of 16,903 shares, compared to its average volume of 47,513. The stock has a market capitalization of $489.78 million, a P/E ratio of 19.23 and a beta of 0.85. The firm has a 50 day moving average price of $46.38 and a 200-day moving average price of $43.25. Avantis Real Estate ETF has a 12-month low of $35.03 and a 12-month high of $48.36.

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.