Barron’s 400 ETF (NYSEARCA:BFOR) Trading Down 0.4% – What’s Next?

Barron’s 400 ETF (NYSEARCA:BFOR) shares fell 0.4% on Wednesday . The stock traded as low as $90.34 and last traded at $90.34. 1,703 shares were traded during trading, a decline of 78% from the average session volume of 7,602 shares. The stock had previously closed at $90.67.

Barron’s 400 ETF Stock Down 0.2%

The company has a market cap of $215.08 million, a P/E ratio of 16.61 and a beta of 1.03. The company’s 50-day moving average is $87.01 and its two-hundred day moving average is $85.27.

Hedge Funds Weigh In On Barron’s 400 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BFOR. NewEdge Advisors LLC boosted its position in Barron’s 400 ETF by 56.7% during the first quarter. NewEdge Advisors LLC now owns 1,175 shares of the company’s stock worth $82,000 after purchasing an additional 425 shares during the period. Raymond James Financial Inc. bought a new position in Barron’s 400 ETF during the second quarter worth about $158,000. Jones Financial Companies Lllp boosted its position in Barron’s 400 ETF by 84.5% during the third quarter. Jones Financial Companies Lllp now owns 17,453 shares of the company’s stock worth $1,420,000 after purchasing an additional 7,994 shares during the period. Envestnet Asset Management Inc. bought a new position in Barron’s 400 ETF during the third quarter worth about $260,000. Finally, Alteri Wealth LLC boosted its position in Barron’s 400 ETF by 1.6% during the third quarter. Alteri Wealth LLC now owns 11,278 shares of the company’s stock worth $916,000 after purchasing an additional 178 shares during the period.

Barron’s 400 ETF Company Profile

The Barron’s 400 ETF (BFOR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equally weighted index comprising 400 US companies selected on fundamental parameters. BFOR was launched on Jun 4, 2013 and is managed by ALPS.