Brandes U.S. Value ETF (BATS:BUSA) Shares Up 5.9% – What’s Next?

Shares of Brandes U.S. Value ETF (BATS:BUSA) traded up 5.9% during trading on Wednesday . The stock traded as high as $36.4329 and last traded at $37.9650. 20,213 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 32,149 shares. The stock had previously closed at $35.84.

Brandes U.S. Value ETF Stock Performance

The stock’s fifty day moving average price is $36.85 and its two-hundred day moving average price is $35.27. The company has a market cap of $262.72 million, a P/E ratio of 15.10 and a beta of 0.74.

Institutional Investors Weigh In On Brandes U.S. Value ETF

A number of large investors have recently modified their holdings of BUSA. JPMorgan Chase & Co. bought a new position in shares of Brandes U.S. Value ETF in the 3rd quarter valued at $35,000. Steph & Co. acquired a new stake in Brandes U.S. Value ETF in the fourth quarter valued at about $268,000. Finally, Harbor Investment Advisory LLC grew its position in Brandes U.S. Value ETF by 1.1% in the third quarter. Harbor Investment Advisory LLC now owns 32,984 shares of the company’s stock valued at $1,150,000 after acquiring an additional 348 shares during the last quarter.

Brandes U.S. Value ETF Company Profile

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.