Barron’s 400 ETF (NYSEARCA:BFOR) Stock Jumps 1% – Here’s What Happened

Barron’s 400 ETF (NYSEARCA:BFOR) rose 1% on Thursday. The stock traded as high as $23.43 and last traded at $23.43. Approximately 7,109 shares were traded during trading, a decline of 77% from the average daily volume of 30,945 shares. The stock had previously closed at $23.19.

Barron’s 400 ETF Price Performance

The company has a 50-day simple moving average of $23.73 and a 200-day simple moving average of $23.09. The firm has a market cap of $233.13 million, a PE ratio of 16.61 and a beta of 1.02.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in Barron’s 400 ETF by 7.2% in the first quarter. Bank of America Corp DE now owns 58,313 shares of the company’s stock valued at $4,840,000 after purchasing an additional 3,935 shares during the last quarter. Trilogy Capital Inc. increased its stake in shares of Barron’s 400 ETF by 21.9% in the second quarter. Trilogy Capital Inc. now owns 43,999 shares of the company’s stock worth $4,207,000 after acquiring an additional 7,908 shares during the period. Aspire Capital Advisors LLC acquired a new position in shares of Barron’s 400 ETF in the 2nd quarter valued at about $636,000. RVW Wealth LLC grew its stake in shares of Barron’s 400 ETF by 300.0% during the 3rd quarter. RVW Wealth LLC now owns 11,597 shares of the company’s stock worth $266,000 after purchasing an additional 8,698 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in Barron’s 400 ETF during the second quarter valued at $142,000.

About Barron’s 400 ETF

The Barron’s 400 ETF (BFOR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equally weighted index comprising 400 US companies selected on fundamental parameters. BFOR was launched on Jun 4, 2013 and is managed by ALPS.