Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Hits New 52-Week High – Here’s What Happened

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $30.00 and last traded at $30.00, with a volume of 1161 shares trading hands. The stock had previously closed at $29.13.

Brown Advisory Flexible Equity ETF Price Performance

The company has a market cap of $1.77 billion, a PE ratio of 24.62 and a beta of 0.97. The business has a 50 day moving average of $29.01 and a 200 day moving average of $27.68.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of BAFE. Avalon Trust Co bought a new stake in shares of Brown Advisory Flexible Equity ETF during the 1st quarter valued at about $38,000. Royal Bank of Canada purchased a new stake in Brown Advisory Flexible Equity ETF in the first quarter worth about $169,000. Goldman Sachs Group Inc. purchased a new stake in Brown Advisory Flexible Equity ETF in the fourth quarter worth about $203,000. Jane Street Group LLC lifted its holdings in 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 buying an additional 1,092 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in Brown Advisory Flexible Equity ETF during the 2nd quarter valued at approximately $1,208,000.

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.