Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Hits New 1-Year High – Here’s What Happened

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $29.49 and last traded at $29.46, with a volume of 19157 shares changing hands. The stock had previously closed at $29.32.

Brown Advisory Flexible Equity ETF Trading Up 0.5%

The company has a 50 day moving average price of $28.62 and a 200 day moving average price of $27.44. The firm has a market cap of $1.71 billion, a PE ratio of 24.62 and a beta of 0.97.

Institutional Trading of Brown Advisory Flexible Equity ETF

A number of institutional investors have recently bought and sold shares of the company. Brown Advisory Inc. grew its holdings in Brown Advisory Flexible Equity ETF by 4.0% in the fourth quarter. Brown Advisory Inc. now owns 54,540,208 shares of the company’s stock valued at $1,490,038,000 after purchasing an additional 2,093,356 shares during the last quarter. HB Wealth Management LLC boosted its position in shares of Brown Advisory Flexible Equity ETF by 2.4% in the 1st quarter. HB Wealth Management LLC now owns 131,688 shares of the company’s stock worth $3,332,000 after buying an additional 3,141 shares in the last quarter. Quantinno Capital Management LP boosted its position in shares of Brown Advisory Flexible Equity ETF by 3.1% in the 1st quarter. Quantinno Capital Management LP now owns 127,260 shares of the company’s stock worth $3,220,000 after buying an additional 3,803 shares in the last quarter. Tred Avon Family Wealth LLC purchased a new stake in shares of Brown Advisory Flexible Equity ETF in the 4th quarter worth about $2,171,000. Finally, Jane Street Group LLC acquired a new stake in Brown Advisory Flexible Equity ETF in the 2nd quarter valued at about $1,359,000.

Brown Advisory Flexible Equity ETF Company 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.