Burney U.S. Factor Rotation ETF (NASDAQ:BRNY – Get Free Report) dropped 2.4% on Friday. The company traded as low as $54.75 and last traded at $55.1690. Approximately 14,294 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 21,310 shares. The stock had previously closed at $56.54.
Burney U.S. Factor Rotation ETF Stock Down 2.4%
The firm has a market capitalization of $593.07 million, a PE ratio of 22.00 and a beta of 1.04. The firm’s 50-day moving average price is $57.85 and its two-hundred day moving average price is $54.99.
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.
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