Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Strong Trading Volume – Time to Buy?

Shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw unusually-strong trading volume on Tuesday . 56,332 shares were traded during mid-day trading, an increase of 165% from the previous session’s volume of 21,220 shares.The stock last traded at $58.46 and had previously closed at $58.57.

Burney U.S. Factor Rotation ETF Stock Up 1.8%

The firm’s 50 day simple moving average is $55.01 and its 200 day simple moving average is $51.87. The company has a market cap of $572.91 million, a price-to-earnings ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a $0.0492 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Trading of Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 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 filing with the Securities and Exchange Commission.

About Burney U.S. Factor Rotation ETF

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.