Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Hits New 12-Month High – Should You Buy?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) reached a new 52-week high during trading on Friday . The company traded as high as $56.06 and last traded at $56.04, with a volume of 19172 shares traded. The stock had previously closed at $55.80.

Burney U.S. Factor Rotation ETF Price Performance

The stock has a market capitalization of $545.75 million, a price-to-earnings ratio of 22.00 and a beta of 1.04. The firm’s fifty day moving average is $52.01 and its 200-day moving average is $50.81.

Burney U.S. Factor Rotation ETF Announces Dividend

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

Institutional Trading of 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. purchased a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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.

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.