Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Hits New 12-Month High – Still a Buy?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) reached a new 52-week high on Monday . The stock traded as high as $58.83 and last traded at $58.83, with a volume of 628 shares trading hands. The stock had previously closed at $57.92.

Burney U.S. Factor Rotation ETF Trading Up 1.7%

The firm has a market cap of $592.53 million, a P/E ratio of 22.00 and a beta of 1.03. The stock has a 50 day simple moving average of $56.34 and a 200-day simple moving average of $52.55.

Institutional Investors Weigh In On Burney U.S. Factor Rotation ETF

A hedge fund recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned about 0.06% of Burney U.S. Factor Rotation ETF as of its most recent SEC filing.

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.