Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Hits New 1-Year High – Here’s Why

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY)’s share price reached a new 52-week high on Monday . The company traded as high as $58.10 and last traded at $58.10, with a volume of 1414 shares trading hands. The stock had previously closed at $57.12.

Burney U.S. Factor Rotation ETF Trading Up 2.3%

The firm’s 50 day simple moving average is $54.49 and its 200-day simple moving average is $51.69. The stock has a market capitalization of $570.76 million, a price-to-earnings ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were given a $0.0492 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned about 0.06% of Burney U.S. Factor Rotation ETF as of its most recent SEC filing.

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.