Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Reaches New 1-Year High – Still a Buy?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) shares reached a new 52-week high during trading on Thursday . The company traded as high as $54.22 and last traded at $54.20, with a volume of 3650 shares traded. The stock had previously closed at $53.58.

Burney U.S. Factor Rotation ETF Trading Up 1.1%

The business’s fifty day simple moving average is $50.40 and its 200 day simple moving average is $50.12. The stock has a market cap of $527.81 million, a price-to-earnings ratio of 22.00 and a beta of 1.04.

Burney U.S. Factor Rotation ETF Dividend Announcement

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

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

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. bought a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent quarter.

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.