Avantis Real Estate ETF (NYSEARCA:AVRE) Shares Sold by Carlson Capital Management

Carlson Capital Management lowered its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 9.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 128,552 shares of the company’s stock after selling 13,358 shares during the quarter. Avantis Real Estate ETF comprises 0.2% of Carlson Capital Management’s holdings, making the stock its 23rd largest position. Carlson Capital Management’s holdings in Avantis Real Estate ETF were worth $5,389,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Empowered Funds LLC boosted its stake in shares of Avantis Real Estate ETF by 11.1% during the fourth quarter. Empowered Funds LLC now owns 1,187,794 shares of the company’s stock worth $49,792,000 after buying an additional 118,936 shares during the period. Life Planning Partners Inc boosted its stake in shares of Avantis Real Estate ETF by 4,382.9% during the fourth quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock worth $47,000 after buying an additional 1,102,704 shares during the period. ShankerValleau Wealth Advisors Inc. boosted its stake in shares of Avantis Real Estate ETF by 14.0% during the fourth quarter. ShankerValleau Wealth Advisors Inc. now owns 321,502 shares of the company’s stock worth $13,477,000 after buying an additional 39,520 shares during the period. Physician Wealth Solutions Inc. boosted its stake in shares of Avantis Real Estate ETF by 0.9% during the fourth quarter. Physician Wealth Solutions Inc. now owns 313,736 shares of the company’s stock worth $13,152,000 after buying an additional 2,745 shares during the period. Finally, BetterWealth LLC boosted its stake in shares of Avantis Real Estate ETF by 1.4% during the fourth quarter. BetterWealth LLC now owns 285,056 shares of the company’s stock worth $11,950,000 after buying an additional 3,988 shares during the period.

Avantis Real Estate ETF Stock Performance

Shares of AVRE opened at $43.61 on Tuesday. Avantis Real Estate ETF has a fifty-two week low of $38.74 and a fifty-two week high of $48.36. The company has a market capitalization of $561.70 million, a price-to-earnings ratio of 25.53 and a beta of 1.01. The firm has a 50-day simple moving average of $42.83 and a 200-day simple moving average of $44.34.

About Avantis Real Estate ETF

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.