Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Reaches New 52-Week High – Here’s What Happened

Brown Advisory Flexible Equity ETF (NASDAQ:BAFEGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $29.49 and last traded at $29.46, with a volume of 19157 shares traded. The stock had previously closed at $29.32.

Brown Advisory Flexible Equity ETF Trading Down 0.9%

The firm has a 50-day moving average of $28.66 and a two-hundred day moving average of $27.47. The firm has a market capitalization of $1.68 billion, a P/E ratio of 24.62 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BAFE. Brown Advisory Inc. boosted its stake in shares of Brown Advisory Flexible Equity ETF by 4.0% in the 4th quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after purchasing an additional 2,093,356 shares in the last quarter. Tred Avon Family Wealth LLC acquired a new position in Brown Advisory Flexible Equity ETF during the 4th quarter worth approximately $2,171,000. Jane Street Group LLC bought a new position in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at approximately $1,359,000. Quantinno Capital Management LP bought a new position in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at approximately $1,208,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Brown Advisory Flexible Equity ETF in the fourth quarter valued at approximately $203,000.

About Brown Advisory Flexible Equity ETF

(Get Free Report)

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.

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