Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Stock Price Down 0.1% – Should You Sell?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) dropped 0.1% on Monday . The stock traded as low as $56.88 and last traded at $57.23. 3,837 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 22,148 shares. The stock had previously closed at $57.28.

Burney U.S. Factor Rotation ETF Stock Performance

The firm has a market cap of $569.81 million, a PE ratio of 22.00 and a beta of 1.03. The stock has a fifty day moving average price of $57.45 and a 200-day moving average price of $53.41.

Institutional Investors Weigh In On Burney U.S. Factor Rotation ETF

A hedge fund recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 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 SEC filing.

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.