Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 1-Year High – Should You Buy?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $56.06 and last traded at $56.04, with a volume of 19172 shares. The stock had previously closed at $55.80.

Burney U.S. Factor Rotation ETF Stock Performance

The firm has a market cap of $547.51 million, a P/E ratio of 22.00 and a beta of 1.04. The stock has a fifty day simple moving average of $51.88 and a 200 day simple moving average of $50.78.

Burney U.S. Factor Rotation ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders 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 position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. bought a new position in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned approximately 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent quarter.

Burney U.S. Factor Rotation ETF Company Profile

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.