American Century Investments’ Avantis Investors brand has performed well over the last several weeks with a suite ranging from its flows dynamos the Avantis U.S. Small Cap Value ETF (AVUV) to the duo of the Avantis® Real Estate ETF (AVRE) and the Avantis® Core Fixed Income ETF (AVIG) both of which hit key buy signals on Friday.
AVRE reached $44.7 Friday, surpassing its $44.3 200-Day Simple Moving Average (SMA), while AVIG reached $42.27 compared to its $42.2 200-Day SMA. The latter strategy is also closing in on a golden crossover in which its 50-Day SMA, currently at $41.6, rises above its 200-Day SMA.
AVRE is actively managed and invests in real estate stocks around the world, including REITs and REIT-like entities. The strategy considers a firm to be a real estate company if it derives at least 50% of its revenues from the ownership, construction, management,…
