Brandes U.S. Value ETF (BATS:BUSA) Shares Up 0.6% – Here’s Why

Brandes U.S. Value ETF (BATS:BUSAGet Free Report) rose 0.6% on Friday . The company traded as high as $38.98 and last traded at $38.94. Approximately 12,770 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 32,334 shares. The stock had previously closed at $38.71.

Brandes U.S. Value ETF Price Performance

The firm has a 50-day moving average of $37.95 and a 200-day moving average of $37.42. The stock has a market cap of $269.46 million, a PE ratio of 15.10 and a beta of 0.74.

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

An institutional investor recently bought a new position in Brandes U.S. Value ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Brandes U.S. Value ETF (BATS:BUSAFree Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 995 shares of the company’s stock, valued at approximately $35,000.

Brandes U.S. Value ETF Company Profile

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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.

Further Reading

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