Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Large Volume Increase – Should You Buy?

Brown Advisory Flexible Equity ETF (NASDAQ:BAFEGet Free Report) shares saw unusually-strong trading volume on Thursday . 108,843 shares traded hands during trading, an increase of 56% from the previous session’s volume of 69,990 shares.The stock last traded at $29.8790 and had previously closed at $29.74.

Brown Advisory Flexible Equity ETF Stock Performance

The company has a 50 day moving average of $29.65 and a 200 day moving average of $28.14. The firm has a market cap of $1.74 billion, a P/E ratio of 24.62 and a beta of 0.96.

Institutional Trading of Brown Advisory Flexible Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BAFE. Citadel Advisors LLC bought a new stake in shares of Brown Advisory Flexible Equity ETF during the 2nd quarter worth about $788,000. Royal Bank of Canada acquired a new position in shares of Brown Advisory Flexible Equity ETF during the 1st quarter valued at about $169,000. Quantinno Capital Management LP raised its stake in shares of Brown Advisory Flexible Equity ETF by 3.1% in the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after acquiring an additional 3,803 shares in the last quarter. Avalon Trust Co bought a new position in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at approximately $38,000. Finally, HB Wealth Management LLC lifted its holdings in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after purchasing an additional 3,141 shares during the last quarter.

Brown Advisory Flexible Equity ETF Company Profile

(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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