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

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

Burney U.S. Factor Rotation ETF Stock Down 0.2%

The company has a fifty day simple moving average of $55.60 and a 200-day simple moving average of $52.12. The firm has a market cap of $561.29 million, a P/E ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Announces Dividend

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

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

A hedge fund recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new position in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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.

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.