Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 1-Year High – Should You Buy?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $56.06 and last traded at $56.04, with a volume of 19172 shares. The stock had previously closed at $55.80.

Burney U.S. Factor Rotation ETF Trading Up 0.4%

The business has a fifty day moving average price of $51.88 and a 200-day moving average price of $50.78. The stock has a market capitalization of $547.51 million, a PE ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a dividend of $0.0492 per share. The ex-dividend date was Monday, March 30th.

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned about 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent reporting period.

Burney U.S. Factor Rotation ETF Company Profile

The Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation ETF (BRNY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that shifts US equity exposure between size and style perceived to be advantageous for the given market phase. Individual securities are selected based on a proprietary quantitative model, using a multi-factor approach. BRNY was launched on Oct 13, 2022 and is managed by Alpha Architect.