Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw unusually-strong trading volume on Wednesday . 61,594 shares were traded during trading, an increase of 165% from the previous session’s volume of 23,210 shares.The stock last traded at $58.25 and had previously closed at $58.20.

Burney U.S. Factor Rotation ETF Stock Up 0.1%

The stock’s 50-day moving average price is $56.10 and its 200 day moving average price is $52.39. The firm has a market cap of $582.50 million, a price-to-earnings ratio of 22.00 and a beta of 1.03.

Institutional Trading of 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) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned 0.06% of Burney U.S. Factor Rotation ETF at the end of the most recent quarter.

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.