Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Strong Trading Volume – Here’s What Happened

Burney U.S. Factor Rotation ETF (NASDAQ:BRNYGet Free Report) shares saw strong trading volume on Wednesday . Approximately 61,594 shares traded hands during trading, an increase of 165% from the previous session’s volume of 23,210 shares.The stock last traded at $58.25 and had previously closed at $58.20.

Burney U.S. Factor Rotation ETF Stock Performance

The stock has a market cap of $582.50 million, a P/E ratio of 22.00 and a beta of 1.03. The firm has a 50 day moving average of $56.10 and a two-hundred day moving average of $52.39.

Institutional Investors 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. bought a new stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNYFree Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 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 at the end of the most recent reporting period.

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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