Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Reaches New 12-Month High – Should You Buy?

Shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) reached a new 52-week high on Tuesday . The company traded as high as $55.63 and last traded at $55.36, with a volume of 38056 shares traded. The stock had previously closed at $55.45.

Burney U.S. Factor Rotation ETF Price Performance

The firm has a market cap of $543.80 million, a price-to-earnings ratio of 22.00 and a beta of 1.04. The business’s 50-day moving average price is $51.20 and its two-hundred day moving average price is $50.52.

Burney U.S. Factor Rotation ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were given a dividend of $0.0492 per share. The ex-dividend date of this dividend was Monday, March 30th.

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned about 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent reporting period.

Burney U.S. Factor Rotation ETF Company Profile

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.