Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 52-Week High – What’s Next?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $59.27 and last traded at $59.27, with a volume of 7842 shares changing hands. The stock had previously closed at $58.09.

Burney U.S. Factor Rotation ETF Trading Up 2.0%

The stock’s 50-day simple moving average is $57.58 and its 200-day simple moving average is $53.57. The stock has a market cap of $658.86 million, a price-to-earnings ratio of 22.00 and a beta of 1.03.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake 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 filing with the Securities and Exchange Commission. The firm 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 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.