Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Unusually-High Trading Volume – What’s Next?

Shares of Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) saw unusually-strong trading volume on Friday . Approximately 77,446 shares were traded during trading, an increase of 1% from the previous session’s volume of 76,714 shares.The stock last traded at $28.63 and had previously closed at $28.60.

Brown Advisory Flexible Equity ETF Stock Up 0.5%

The stock’s 50-day moving average is $27.88 and its 200-day moving average is $27.22. The firm has a market cap of $1.65 billion, a P/E ratio of 24.62 and a beta of 1.00.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada bought a new stake in Brown Advisory Flexible Equity ETF in the 1st quarter valued at $169,000. Quantinno Capital Management LP increased its holdings in Brown Advisory Flexible Equity ETF by 3.1% in the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock valued at $3,220,000 after buying an additional 3,803 shares during the period. Avalon Trust Co bought a new stake in Brown Advisory Flexible Equity ETF in the 1st quarter valued at $38,000. 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. Finally, Brown Advisory Inc. increased its holdings in Brown Advisory Flexible Equity ETF by 4.0% in the 4th quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after buying an additional 2,093,356 shares during the period.

Brown Advisory Flexible Equity ETF Company Profile

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.