Brandes U.S. Value ETF (BATS:BUSA) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Brandes U.S. Value ETF (BATS:BUSA)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $31.25 and traded as high as $33.58. Brandes U.S. Value ETF shares last traded at $33.44, with a volume of 18,841 shares trading hands.

Brandes U.S. Value ETF Trading Down 0.5 %

The company has a fifty day moving average of $32.61 and a 200-day moving average of $31.27. The company has a market capitalization of $129.80 million, a price-to-earnings ratio of 15.71 and a beta of 0.74.

Institutional Investors Weigh In On Brandes U.S. Value ETF

A hedge fund recently bought a new stake in Brandes U.S. Value ETF stock. Harbor Investment Advisory LLC purchased a new position in shares of Brandes U.S. Value ETF (BATS:BUSA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 28,976 shares of the company’s stock, valued at approximately $921,000. Harbor Investment Advisory LLC owned 0.74% of Brandes U.S. Value ETF as of its most recent SEC filing.

About Brandes U.S. Value ETF

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.