Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Hits New 1-Year High – What’s Next?

Brown Advisory Flexible Equity ETF (NASDAQ:BAFEGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $29.52 and last traded at $29.51, with a volume of 1727 shares trading hands. The stock had previously closed at $29.25.

Brown Advisory Flexible Equity ETF Stock Up 0.0%

The company has a market cap of $1.71 billion, a price-to-earnings ratio of 24.62 and a beta of 0.97. The firm has a 50 day moving average price of $28.71 and a two-hundred day moving average price of $27.50.

Institutional Trading of Brown Advisory Flexible Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada bought a new stake in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at $169,000. Quantinno Capital Management LP raised its stake in Brown Advisory Flexible Equity ETF by 3.1% during 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. Avalon Trust Co acquired a new position in Brown Advisory Flexible Equity ETF in the first quarter valued at $38,000. HB Wealth Management LLC lifted its holdings in Brown Advisory Flexible Equity ETF by 2.4% in the first quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after buying an additional 3,141 shares during the period. Finally, Brown Advisory Inc. boosted its position in Brown Advisory Flexible Equity ETF by 4.0% during the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after acquiring an additional 2,093,356 shares during the last quarter.

Brown Advisory Flexible Equity ETF Company Profile

(Get Free Report)

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.

Further Reading

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