Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 1-Year High – Here’s Why

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $58.79 and last traded at $58.49, with a volume of 24945 shares changing hands. The stock had previously closed at $57.62.

Burney U.S. Factor Rotation ETF Stock Performance

The company has a market capitalization of $573.40 million, a PE ratio of 22.00 and a beta of 1.04. The firm’s 50-day simple moving average is $55.34 and its 200 day simple moving average is $52.00.

Burney U.S. Factor Rotation ETF Dividend Announcement

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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) during the 4th quarter, according to the company in its most recent Form 13F 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 approximately 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent reporting period.

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.