Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Large Volume Increase – What’s Next?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNYGet Free Report) shares saw strong trading volume on Wednesday . Approximately 40,246 shares changed hands during trading, an increase of 83% from the previous session’s volume of 22,047 shares.The stock last traded at $59.71 and had previously closed at $59.25.

Burney U.S. Factor Rotation ETF Stock Performance

The stock’s 50-day moving average price is $57.62 and its 200-day moving average price is $53.63. The company has a market capitalization of $661.20 million, a price-to-earnings ratio of 22.00 and a beta of 1.03.

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:BRNYFree Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

Burney U.S. Factor Rotation ETF Company Profile

(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.

Further Reading

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