Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sets New 52-Week High – Here’s Why

Brown Advisory Flexible Equity ETF (NASDAQ:BAFEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $29.33 and last traded at $29.32, with a volume of 18144 shares traded. The stock had previously closed at $29.16.

Brown Advisory Flexible Equity ETF Stock Performance

The firm’s 50 day moving average is $28.49 and its 200 day moving average is $27.39. The stock has a market cap of $1.69 billion, a P/E ratio of 24.62 and a beta of 1.00.

Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF

A number of large investors have recently made changes to their positions in the business. Brown Advisory Inc. lifted its holdings in shares of Brown Advisory Flexible Equity ETF by 4.0% during the 4th quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after purchasing an additional 2,093,356 shares during the last quarter. HB Wealth Management LLC grew its stake in Brown Advisory Flexible Equity ETF by 2.4% during the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after buying an additional 3,141 shares during the last quarter. Quantinno Capital Management LP grew its stake in Brown Advisory Flexible Equity ETF by 3.1% during the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after buying an additional 3,803 shares during the last quarter. Tred Avon Family Wealth LLC acquired a new position in Brown Advisory Flexible Equity ETF during the 4th quarter valued at about $2,171,000. Finally, Jane Street Group LLC acquired a new position in Brown Advisory Flexible Equity ETF during the 2nd quarter valued at about $1,359,000.

Brown Advisory Flexible Equity ETF Company Profile

(Get Free Report)

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.

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