Nicolet Advisory Services LLC Has $11.71 Million Stock Holdings in Avantis Real Estate ETF (NYSEARCA:AVRE)

Nicolet Advisory Services LLC increased its position in Avantis Real Estate ETF (NYSEARCA:AVRE) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 288,392 shares of the company’s stock after purchasing an additional 13,621 shares during the quarter. Avantis Real Estate ETF makes up 1.1% of Nicolet Advisory Services LLC’s portfolio, making the stock its 20th biggest position. Nicolet Advisory Services LLC’s holdings in Avantis Real Estate ETF were worth $11,714,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aspect Partners LLC grew its position in shares of Avantis Real Estate ETF by 152.0% during the 4th quarter. Aspect Partners LLC now owns 756 shares of the company’s stock worth $32,000 after buying an additional 456 shares during the period. Heck Capital Advisors LLC acquired a new position in Avantis Real Estate ETF in the fourth quarter valued at approximately $46,000. Life Planning Partners Inc boosted its stake in Avantis Real Estate ETF by 4,382.9% in the fourth quarter. Life Planning Partners Inc now owns 1,127,863 shares of the company’s stock valued at $47,000 after acquiring an additional 1,102,704 shares during the last quarter. SJS Investment Consulting Inc. acquired a new stake in Avantis Real Estate ETF during the 4th quarter worth $79,000. Finally, JPMorgan Chase & Co. raised its position in shares of Avantis Real Estate ETF by 276.8% during the 4th quarter. JPMorgan Chase & Co. now owns 2,528 shares of the company’s stock valued at $106,000 after acquiring an additional 1,857 shares during the last quarter.

Avantis Real Estate ETF Stock Up 0.5 %

AVRE stock opened at $43.36 on Thursday. Avantis Real Estate ETF has a twelve month low of $38.74 and a twelve month high of $48.36. The company has a market cap of $565.41 million, a P/E ratio of 25.69 and a beta of 0.98. The business’s fifty day moving average is $43.17 and its 200-day moving average is $44.04.

Avantis Real Estate ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.2739 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.