Brown Advisory Inc. Purchases 2,093,356 Shares of Brown Advisory Flexible Equity ETF $BAFE

Brown Advisory Inc. grew its position in Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,540,208 shares of the company’s stock after purchasing an additional 2,093,356 shares during the period. Brown Advisory Flexible Equity ETF makes up approximately 2.1% of Brown Advisory Inc.’s holdings, making the stock its 9th largest holding. Brown Advisory Inc. owned approximately 96.28% of Brown Advisory Flexible Equity ETF worth $1,490,038,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tred Avon Family Wealth LLC acquired a new position in shares of Brown Advisory Flexible Equity ETF in the 4th quarter valued at about $2,171,000. Jane Street Group LLC lifted its position in Brown Advisory Flexible Equity ETF by 11.6% during the 4th quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock worth $288,000 after acquiring an additional 1,092 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Brown Advisory Flexible Equity ETF during the 4th quarter worth approximately $203,000. Finally, Quantinno Capital Management LP acquired a new position in Brown Advisory Flexible Equity ETF during the 2nd quarter worth approximately $1,208,000.

Brown Advisory Flexible Equity ETF Stock Performance

Brown Advisory Flexible Equity ETF stock opened at $28.72 on Friday. The stock’s 50 day moving average price is $27.94 and its 200 day moving average price is $27.23. The firm has a market capitalization of $1.65 billion, a PE ratio of 24.62 and a beta of 1.00. Brown Advisory Flexible Equity ETF has a one year low of $24.47 and a one year high of $29.28.

Brown Advisory Flexible Equity ETF Profile

The Brown Advisory Flexible Equity ETF (BAFE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects a concentrated portfolio of US based equity securities of mid- and large-cap companies, diversified across the economy. Flexibility in the name indicates the strategy is not constrained to a specific size or style BAFE was launched on Nov 18, 2024 and is issued by Brown Advisory.