Shares of Brown Advisory Flexible Equity ETF (NASDAQ:BAFE – Get Free Report) saw an uptick in trading volume on Friday . 216,472 shares were traded during mid-day trading, an increase of 181% from the previous session’s volume of 77,169 shares.The stock last traded at $29.41 and had previously closed at $29.25.
Brown Advisory Flexible Equity ETF Stock Up 0.6%
The stock’s fifty day moving average is $28.71 and its two-hundred day moving average is $27.50. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 24.62 and a beta of 0.97.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Jane Street Group LLC lifted its stake in Brown Advisory Flexible Equity ETF by 11.6% in the 4th quarter. Jane Street Group LLC now owns 10,541 shares of the company’s stock valued at $288,000 after purchasing an additional 1,092 shares during the last quarter. Avalon Trust Co bought a new position in Brown Advisory Flexible Equity ETF during the first quarter worth about $38,000. HB Wealth Management LLC increased its position in Brown Advisory Flexible Equity ETF by 2.4% during the first 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 during the last quarter. Quantinno Capital Management LP increased its position in Brown Advisory Flexible Equity ETF by 3.1% during the first 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 during the last quarter. Finally, Royal Bank of Canada acquired a new position in Brown Advisory Flexible Equity ETF during the first quarter worth approximately $169,000.
About Brown Advisory Flexible Equity ETF
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.
Further Reading
- Five stocks we like better than Brown Advisory Flexible Equity ETF
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
- Why “Big Short” Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks
Receive News & Ratings for Brown Advisory Flexible Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown Advisory Flexible Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
