Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sets New 12-Month High – What’s Next?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) shares reached a new 52-week high during trading on Monday . The company traded as high as $58.79 and last traded at $58.49, with a volume of 24945 shares. The stock had previously closed at $57.62.

Burney U.S. Factor Rotation ETF Price Performance

The firm has a market cap of $573.40 million, a PE ratio of 22.00 and a beta of 1.04. The business has a 50-day moving average price of $55.34 and a two-hundred day moving average price of $52.00.

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 issued a dividend of $0.0492 per share. The ex-dividend date was Monday, March 30th.

Institutional Trading of Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new stake 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 the company in its most recent disclosure with the Securities & Exchange Commission. 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.

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.