Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Reaches New 52-Week High – Here’s Why

Burney U.S. Factor Rotation ETF (NASDAQ:BRNYGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $58.83 and last traded at $58.83, with a volume of 628 shares changing hands. The stock had previously closed at $57.92.

Burney U.S. Factor Rotation ETF Stock Down 1.8%

The firm has a market cap of $579.96 million, a PE ratio of 22.00 and a beta of 1.03. The business has a 50 day simple moving average of $56.53 and a two-hundred day simple moving average of $52.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. bought a new position in Burney U.S. Factor Rotation ETF (NASDAQ:BRNYFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 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.

About Burney U.S. Factor Rotation ETF

(Get Free Report)

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.

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