Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Strong Trading Volume – Still a Buy?

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) shares saw an uptick in trading volume on Monday . 237,374 shares changed hands during mid-day trading, an increase of 173% from the previous session’s volume of 87,105 shares.The stock last traded at $22.52 and had previously closed at $21.94.

Brown Advisory Flexible Equity ETF Stock Performance

The stock’s 50 day moving average price is $24.79. The stock has a market capitalization of $1.05 billion and a price-to-earnings ratio of 22.45.

Institutional Trading of Brown Advisory Flexible Equity ETF

An institutional investor recently bought a new position in Brown Advisory Flexible Equity ETF stock. Brown Advisory Inc. bought a new position in Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 39,492,630 shares of the company’s stock, valued at approximately $985,527,000. Brown Advisory Flexible Equity ETF makes up about 1.3% of Brown Advisory Inc.’s portfolio, making the stock its 16th largest holding. Brown Advisory Inc. owned about 94.53% of Brown Advisory Flexible Equity ETF as of its most recent SEC filing.

Brown Advisory Flexible Equity ETF Company Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.