Madison Asset Management LLC Invests $2.66 Million in Brandes International ETF $BINV

Madison Asset Management LLC purchased a new stake in Brandes International ETF (BATS:BINV) in the 3rd quarter, Holdings Channel reports. The fund purchased 69,155 shares of the company’s stock, valued at approximately $2,657,000.

Separately, Flow Traders U.S. LLC purchased a new position in Brandes International ETF in the second quarter worth $6,898,000.

Brandes International ETF Stock Up 0.3%

BATS:BINV opened at $44.52 on Thursday. The firm’s fifty day simple moving average is $41.14 and its 200-day simple moving average is $39.17. The stock has a market cap of $313.87 million, a PE ratio of 13.70 and a beta of 0.71. Brandes International ETF has a fifty-two week low of $28.93 and a fifty-two week high of $45.77.

Brandes International ETF Profile

The Brandes International ETF (BINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies who perform their business activities outside the US. The fund seeks securities that are perceived to be undervalued BINV was launched on Oct 3, 2023 and is issued by Brandes.