Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Sees Strong Trading Volume – What’s Next?

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) saw unusually-strong trading volume on Wednesday . 40,246 shares traded hands during trading, an increase of 83% from the previous session’s volume of 22,047 shares.The stock last traded at $59.71 and had previously closed at $59.25.

Burney U.S. Factor Rotation ETF Price Performance

The stock has a 50 day moving average of $57.62 and a two-hundred day moving average of $53.63. The stock has a market capitalization of $661.20 million, a PE ratio of 22.00 and a beta of 1.03.

Hedge Funds Weigh In On Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new stake in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. purchased a new stake in Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,513 shares of the company’s stock, valued at approximately $278,000. Steigerwald Gordon & Koch Inc. owned approximately 0.06% of Burney U.S. Factor Rotation ETF as of its most recent SEC filing.

About Burney U.S. Factor Rotation ETF

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.