Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 33,543 shares, an increase of 84.5% from the September 30th total of 18,180 shares. Based on an average daily trading volume, of 44,021 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are short sold.
Institutional Trading of Brown Advisory Flexible Equity ETF
Several hedge funds have recently added to or reduced their stakes in BAFE. Avalon Trust Co acquired a new stake in Brown Advisory Flexible Equity ETF during the 1st quarter worth approximately $38,000. Royal Bank of Canada bought a new position in shares of Brown Advisory Flexible Equity ETF during the 1st quarter worth approximately $169,000. Citadel Advisors LLC acquired a new position in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at about $788,000. Quantinno Capital Management LP lifted its holdings 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 purchasing an additional 3,803 shares during the last quarter. Finally, HB Wealth Management LLC boosted its holdings in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after purchasing an additional 3,141 shares during the period.
Brown Advisory Flexible Equity ETF Price Performance
BAFE stock opened at $29.84 on Tuesday. The stock has a market capitalization of $1.74 billion, a PE ratio of 24.62 and a beta of 0.96. Brown Advisory Flexible Equity ETF has a fifty-two week low of $24.47 and a fifty-two week high of $30.58. The company has a 50 day moving average price of $29.92 and a 200 day moving average price of $28.41.
Brown Advisory Flexible Equity ETF Company Profile
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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