Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $28.71 and last traded at $28.71, with a volume of 35369 shares changing hands. The stock had previously closed at $28.58.
Brown Advisory Flexible Equity ETF Stock Performance
The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 24.62 and a beta of 1.04. The company’s 50 day moving average is $27.17 and its 200 day moving average is $27.05.
Institutional Trading of Brown Advisory Flexible Equity ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. Tred Avon Family Wealth LLC acquired a new stake in shares of Brown Advisory Flexible Equity ETF in the fourth quarter valued at approximately $2,171,000. Jane Street Group LLC increased its position in Brown Advisory Flexible Equity ETF by 11.6% in the 4th quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after acquiring an additional 1,092 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Brown Advisory Flexible Equity ETF during the 4th quarter valued at approximately $203,000. Quantinno Capital Management LP acquired a new stake in Brown Advisory Flexible Equity ETF during the 2nd quarter worth approximately $1,208,000. Finally, Royal Bank of Canada purchased a new position in shares of Brown Advisory Flexible Equity ETF in the 1st quarter valued at approximately $169,000.
About Brown Advisory Flexible Equity ETF
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.
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