Shares of Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) saw strong trading volume on Tuesday . 166,910 shares traded hands during trading, an increase of 134% from the previous session’s volume of 71,300 shares.The stock last traded at $30.03 and had previously closed at $30.11.
Brown Advisory Flexible Equity ETF Stock Up 0.7%
The firm has a 50 day moving average of $29.35 and a two-hundred day moving average of $27.90. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 24.62 and a beta of 0.96.
Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF
Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada acquired a new position in Brown Advisory Flexible Equity ETF during the 1st quarter worth approximately $169,000. Quantinno Capital Management LP boosted its position in Brown Advisory Flexible Equity ETF by 3.1% in the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after buying an additional 3,803 shares in the last quarter. Avalon Trust Co bought a new stake in shares of Brown Advisory Flexible Equity ETF during the first quarter worth $38,000. HB Wealth Management LLC grew its stake in shares of Brown Advisory Flexible Equity ETF by 2.4% during the first 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. Finally, Brown Advisory Inc. increased its holdings in shares of Brown Advisory Flexible Equity ETF by 4.0% during the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock worth $1,490,038,000 after buying an additional 2,093,356 shares in the last quarter.
About Brown Advisory Flexible Equity ETF
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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