Morton Brown Family Wealth LLC Buys 1,744 Shares of Avantis Real Estate ETF (NYSEARCA:AVRE)

Morton Brown Family Wealth LLC boosted its holdings in Avantis Real Estate ETF (NYSEARCA:AVRE) by 22.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,383 shares of the company’s stock after acquiring an additional 1,744 shares during the quarter. Morton Brown Family Wealth LLC owned 0.09% of Avantis Real Estate ETF worth $393,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in AVRE. Heck Capital Advisors LLC purchased a new stake in shares of Avantis Real Estate ETF in the fourth quarter worth about $46,000. 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 valued at $47,000 after purchasing an additional 1,102,704 shares during the period. SJS Investment Consulting Inc. bought a new stake in Avantis Real Estate ETF in the 4th quarter worth $79,000. Aptus Capital Advisors LLC bought a new position in Avantis Real Estate ETF during the 3rd quarter valued at approximately $179,000. Finally, Evanson Asset Management LLC bought a new stake in Avantis Real Estate ETF in the fourth quarter valued at $238,000.

Avantis Real Estate ETF Stock Performance

Shares of NYSEARCA:AVRE opened at $43.31 on Tuesday. 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 $462.55 million, a P/E ratio of 19.23 and a beta of 0.85. The stock has a 50 day moving average price of $42.39 and a 200-day moving average price of $44.53.

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.