Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Large Volume Increase – Time to Buy?

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) saw unusually-high trading volume on Monday. Approximately 127,396 shares were traded during trading, an increase of 90% from the previous session’s volume of 66,916 shares. The stock last traded at $30.1890 and had previously closed at $30.34.

Brown Advisory Flexible Equity ETF Price Performance

The business has a fifty day moving average of $29.92 and a 200 day moving average of $29.13. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 24.62 and a beta of 0.96.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BAFE. Citadel Advisors LLC acquired a new position in Brown Advisory Flexible Equity ETF during the second quarter valued at approximately $788,000. Royal Bank of Canada acquired a new stake in Brown Advisory Flexible Equity ETF in the 1st quarter worth $169,000. Quantinno Capital Management LP increased its stake in Brown Advisory Flexible Equity ETF by 3.1% during the first quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after acquiring an additional 3,803 shares during the period. Avalon Trust Co bought a new stake in shares of Brown Advisory Flexible Equity ETF during the first quarter valued at approximately $38,000. Finally, HB Wealth Management LLC increased its holdings in Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock valued at $3,332,000 after buying an additional 3,141 shares during the period.

Brown Advisory Flexible Equity ETF Company Profile

(Get Free Report)

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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