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

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) shares reached a new 52-week high on Monday . The stock traded as high as $58.10 and last traded at $58.10, with a volume of 1414 shares traded. The stock had previously closed at $57.12.

Burney U.S. Factor Rotation ETF Price Performance

The firm has a market cap of $570.76 million, a price-to-earnings ratio of 22.00 and a beta of 1.04. The business has a fifty day simple moving average of $54.49 and a 200 day simple moving average of $51.69.

Burney U.S. Factor Rotation ETF Dividend Announcement

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

Hedge Funds Weigh In On 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. acquired a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned about 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent quarter.

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.