Avantis Real Estate ETF
AVRE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Sep 30, 2021
- CIK
- 0001710607
- Website
- avantisinvestors.com
- Similar Companies
- Business
- Avantis Real Estate ETF (AVRE) is an exchange-traded fund that seeks to provide investment results corresponding to the price and yield performance, before fees and expenses, of the Avantis Real Estate index. The fund invests at least 80% of its assets in securities of the index, which comprises U.S. publicly traded real estate investment trusts (REITs) and real estate operating companies, selected based on factors including profitability, value, and investment capacity; it employs a systematic, rules-based approach emphasizing higher profitability REITs with favorable valuations, excluding those with high debt or low asset growth potential. AVRE offers investors diversified exposure to the U.S. real estate sector through holdings in equity REITs focused on sectors such as residential, office, retail, industrial, healthcare, and data centers; mortgage REITs; and real estate management and development services. The ETF operates within the real estate segment of the financial services industry, targeting long-term investors seeking income generation and capital appreciation from real estate equities with a focus on active risk-adjusted returns. Geographically, it concentrates on U.S.-based companies listed on major exchanges like NYSE and NASDAQ. Launched in 2023 and domiciled in the United States, AVRE is issued and managed by American Century ETF Trust, with Avantis Investors as the investment adviser, a subsidiary of American Century Companies, Inc., headquartered in Mountain View, California. Recent developments include the ETF's official launch in late 2023 as part of Avantis Investors' expansion into real estate strategies, building on its suite of actively managed ETFs that integrate factor-based investing; in 2024, it benefited from Avantis' strategic enhancements to its indexing methodology amid rising interest in sector-specific exposures during real estate market volatility. No major acquisitions, partnerships, or name changes have been reported for AVRE in the past two years, though Avantis Investors continued to grow assets under management through inflows into its ETF lineup, reflecting sustained investor interest in its quantitative, evidence-based approach.