Avantis Real Estate ETF (NYSEARCA:AVRE) is Hill Investment Group Partners LLC’s 10th Largest Position

Hill Investment Group Partners LLC boosted its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 7.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 603,784 shares of the company’s stock after buying an additional 42,487 shares during the period. Avantis Real Estate ETF makes up 4.5% of Hill Investment Group Partners LLC’s investment portfolio, making the stock its 10th biggest holding. Hill Investment Group Partners LLC owned approximately 7.40% of Avantis Real Estate ETF worth $24,719,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Jane Street Group LLC bought a new position in shares of Avantis Real Estate ETF during the fourth quarter valued at approximately $8,996,000. Aprio Wealth Management LLC purchased a new stake in Avantis Real Estate ETF in the second quarter worth approximately $8,911,000. Seaside Wealth Management Inc. purchased a new position in shares of Avantis Real Estate ETF during the 2nd quarter worth $6,298,000. CI Private Wealth LLC purchased a new position in shares of Avantis Real Estate ETF during the 4th quarter worth $5,363,000. Finally, Lam Group Inc. lifted its stake in shares of Avantis Real Estate ETF by 109.3% during the 2nd quarter. Lam Group Inc. now owns 192,880 shares of the company’s stock valued at $7,897,000 after buying an additional 100,730 shares in the last quarter.

Avantis Real Estate ETF Trading Up 0.5 %

Shares of AVRE traded up $0.20 during trading hours on Monday, reaching $39.47. 7,578 shares of the stock traded hands, compared to its average volume of 45,911. Avantis Real Estate ETF has a 52-week low of $35.03 and a 52-week high of $46.23. The company’s 50-day moving average price is $37.75 and its two-hundred day moving average price is $39.81. The company has a market cap of $322.08 million, a P/E ratio of 18.02 and a beta of 0.96.

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.