Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) Trading Down 0.1% – Here’s Why

Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) shares were down 0.1% on Monday . The stock traded as low as $56.88 and last traded at $57.23. 3,837 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 22,148 shares. The stock had previously closed at $57.28.

Burney U.S. Factor Rotation ETF Price Performance

The company’s fifty day simple moving average is $57.39 and its 200-day simple moving average is $53.37. The firm has a market capitalization of $577.45 million, a PE ratio of 22.00 and a beta of 1.03.

Institutional Trading of Burney U.S. Factor Rotation ETF

An institutional investor recently bought a new position in Burney U.S. Factor Rotation ETF stock. Steigerwald Gordon & Koch Inc. bought a new position in shares of Burney U.S. Factor Rotation ETF (NASDAQ:BRNY) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 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 at the end of the most recent reporting period.

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.