Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 52-Week High – Time to Buy?

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

Burney U.S. Factor Rotation ETF Stock Performance

The stock has a market cap of $540.87 million, a PE ratio of 22.00 and a beta of 1.04. The company’s 50 day simple moving average is $50.98 and its 200 day simple moving average is $50.42.

Burney U.S. Factor Rotation ETF Announces Dividend

The business also recently announced 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.

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 stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned 0.06% of Burney U.S. Factor Rotation ETF as of its most recent SEC filing.

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.