Barron’s 400 ETF (NYSEARCA:BFOR) Trading Up 1.5% – Time to Buy?

Barron’s 400 ETF (NYSEARCA:BFOR)’s share price traded up 1.5% during trading on Wednesday . The company traded as high as $83.80 and last traded at $83.60. 2,589 shares were traded during trading, a decline of 57% from the average session volume of 6,065 shares. The stock had previously closed at $82.34.

Barron’s 400 ETF Stock Up 1.5%

The firm’s fifty day moving average is $80.58 and its 200-day moving average is $79.02. The stock has a market capitalization of $188.10 million, a PE ratio of 16.61 and a beta of 1.06.

Hedge Funds Weigh In On Barron’s 400 ETF

Several institutional investors have recently added to or reduced their stakes in the business. Trilogy Capital Inc. acquired a new stake in Barron’s 400 ETF during the second quarter worth about $2,728,000. Bank of America Corp DE boosted its holdings in Barron’s 400 ETF by 43.0% in the third quarter. Bank of America Corp DE now owns 55,395 shares of the company’s stock worth $4,497,000 after purchasing an additional 16,646 shares during the period. Jones Financial Companies Lllp raised its position in shares of Barron’s 400 ETF by 84.5% during the 3rd 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. acquired a new stake in shares of Barron’s 400 ETF in the 3rd quarter worth about $260,000. Finally, Susquehanna International Group LLP raised its stake in Barron’s 400 ETF by 64.4% during the 3rd quarter. Susquehanna International Group LLP now owns 6,689 shares of the company’s stock valued at $543,000 after acquiring an additional 2,620 shares in the last quarter.

About Barron’s 400 ETF

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.