Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 52-Week High – What’s Next?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $59.27 and last traded at $59.27, with a volume of 7842 shares changing hands. The stock had previously closed at $58.09.

Burney U.S. Factor Rotation ETF Stock Performance

The company has a market cap of $658.86 million, a price-to-earnings ratio of 22.00 and a beta of 1.03. The business has a fifty day moving average price of $57.58 and a 200 day moving average price of $53.57.

Institutional Investors Weigh In On Burney U.S. Factor Rotation ETF

A hedge fund recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned approximately 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.