Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 13,172 shares, a drop of 36.3% from the August 15th total of 20,684 shares. Based on an average daily volume of 70,610 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.
Brown Advisory Flexible Equity ETF Stock Performance
BAFE opened at $29.22 on Thursday. The firm has a market cap of $1.70 billion, a P/E ratio of 24.62 and a beta of 0.96. The firm has a 50-day moving average of $29.69 and a 200 day moving average of $28.31. Brown Advisory Flexible Equity ETF has a fifty-two week low of $24.47 and a fifty-two week high of $30.58.
Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF
Large investors have recently modified their holdings of the stock. Brown Advisory Inc. raised its holdings in shares of Brown Advisory Flexible Equity ETF by 4.0% in the 4th quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock worth $1,490,038,000 after purchasing an additional 2,093,356 shares during the period. HB Wealth Management LLC grew its holdings in 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 valued at $3,332,000 after purchasing an additional 3,141 shares during the period. Quantinno Capital Management LP increased 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 worth $3,220,000 after buying an additional 3,803 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Brown Advisory Flexible Equity ETF in the second quarter valued at $788,000. Finally, Royal Bank of Canada bought a new stake in shares of Brown Advisory Flexible Equity ETF in the first quarter valued at $169,000.
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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