Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) saw unusually-high trading volume on Friday. Approximately 50,177 shares changed hands during mid-day trading, a decline of 27% from the previous session’s volume of 69,050 shares. The stock last traded at $29.7460 and had previously closed at $29.64.
Brown Advisory Flexible Equity ETF Price Performance
The stock has a market capitalization of $1.73 billion, a PE ratio of 24.62 and a beta of 0.96. The stock has a 50 day moving average of $29.73 and a two-hundred day moving average of $28.45.
Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF
A number of institutional investors have recently made changes to their positions in the stock. Brown Advisory Inc. raised its position in shares of Brown Advisory Flexible Equity ETF by 4.0% in the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after buying an additional 2,093,356 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Brown Advisory Flexible Equity ETF during the second quarter worth approximately $788,000. Royal Bank of Canada acquired a new stake in Brown Advisory Flexible Equity ETF during the first quarter worth approximately $169,000. Quantinno Capital Management LP grew its stake in Brown Advisory Flexible Equity ETF by 3.1% in the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after acquiring an additional 3,803 shares during the period. Finally, HB Wealth Management LLC grew its stake in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after acquiring an additional 3,141 shares during the period.
About Brown Advisory Flexible Equity ETF
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.
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