Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,504 shares, a decrease of 80.3% from the May 31st total of 27,959 shares. Based on an average daily trading volume, of 104,457 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
Institutional Trading of Brown Advisory Flexible Equity ETF
A number of large investors have recently made changes to their positions in BAFE. Jane Street Group LLC grew its holdings in shares of Brown Advisory Flexible Equity ETF by 11.6% in the fourth quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock worth $288,000 after purchasing an additional 1,092 shares during the last quarter. Avalon Trust Co purchased a new stake in Brown Advisory Flexible Equity ETF in the 1st quarter valued at about $38,000. HB Wealth Management LLC grew its stake 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 worth $3,332,000 after acquiring an additional 3,141 shares in the last quarter. Quantinno Capital Management LP grew its stake in Brown Advisory Flexible Equity ETF by 3.1% in the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after acquiring an additional 3,803 shares in the last quarter. Finally, Royal Bank of Canada purchased a new position in shares of Brown Advisory Flexible Equity ETF during the first quarter worth approximately $169,000.
Brown Advisory Flexible Equity ETF Stock Up 0.5%
BAFE traded up $0.14 during trading hours on Friday, reaching $28.56. 106,542 shares of the company’s stock traded hands, compared to its average volume of 80,086. The firm has a 50-day moving average price of $28.43 and a 200 day moving average price of $27.36. Brown Advisory Flexible Equity ETF has a 52-week low of $24.47 and a 52-week high of $29.29. The firm has a market capitalization of $1.64 billion, a PE ratio of 24.62 and a beta of 1.00.
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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