Harbor Investment Advisory LLC Cuts Position in Brandes U.S. Value ETF $BUSA

Harbor Investment Advisory LLC decreased its holdings in shares of Brandes U.S. Value ETF (BATS:BUSA) by 97.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 694 shares of the company’s stock after selling 32,351 shares during the period. Harbor Investment Advisory LLC’s holdings in Brandes U.S. Value ETF were worth $27,000 as of its most recent SEC filing.

Separately, Steph & Co. bought a new stake in shares of Brandes U.S. Value ETF in the 4th quarter worth approximately $268,000.

Brandes U.S. Value ETF Stock Up 0.3%

Brandes U.S. Value ETF stock opened at $41.51 on Friday. The company has a market capitalization of $287.25 million, a P/E ratio of 15.10 and a beta of 0.74. The stock’s 50 day moving average is $40.06 and its 200 day moving average is $38.88. Brandes U.S. Value ETF has a twelve month low of $33.16 and a twelve month high of $41.85.

Brandes U.S. Value ETF Profile

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.