Quantum Financial Advisors LLC Has $15.31 Million Stock Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

Quantum Financial Advisors LLC reduced its position in shares of Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 365,236 shares of the company’s stock after selling 20,956 shares during the quarter. Avantis Real Estate ETF makes up 2.1% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Quantum Financial Advisors LLC’s holdings in Avantis Real Estate ETF were worth $15,311,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Good Life Advisors LLC increased its stake in shares of Avantis Real Estate ETF by 3.3% in the third quarter. Good Life Advisors LLC now owns 8,134 shares of the company’s stock worth $383,000 after purchasing an additional 263 shares during the period. Sprinkle Financial Consultants LLC increased its position in Avantis Real Estate ETF by 1.7% during the third quarter. Sprinkle Financial Consultants LLC now owns 19,535 shares of the company’s stock worth $921,000 after acquiring 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 acquiring an additional 332 shares during the period. DBK Financial Counsel LLC raised its stake in Avantis Real Estate ETF by 0.8% during 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. Finally, Creative Planning grew its position in Avantis Real Estate ETF by 1.7% in the 2nd quarter. Creative Planning now owns 25,689 shares of the company’s stock worth $1,059,000 after purchasing an additional 428 shares during the last quarter.

Avantis Real Estate ETF Stock Performance

Shares of AVRE opened at $40.93 on Tuesday. The company has a 50-day simple moving average of $43.56 and a 200-day simple moving average of $44.53. Avantis Real Estate ETF has a 52 week low of $38.74 and a 52 week high of $48.36. The firm has a market capitalization of $437.13 million, a P/E ratio of 19.23 and a beta of 0.85.

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.