Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Sees Strong Trading Volume – Here’s Why

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) shares saw an uptick in trading volume on Tuesday . 483,323 shares were traded during trading, an increase of 505% from the previous session’s volume of 79,834 shares.The stock last traded at $24.05 and had previously closed at $24.09.

Brown Advisory Flexible Equity ETF Stock Performance

The firm’s fifty day moving average price is $25.20. The firm has a market cap of $970.13 million and a price-to-earnings ratio of 24.74.

Institutional Investors Weigh In On Brown Advisory Flexible Equity ETF

A hedge fund recently bought a new position in Brown Advisory Flexible Equity ETF stock. Brown Advisory Inc. bought a new stake in Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 39,492,630 shares of the company’s stock, valued at approximately $985,527,000. Brown Advisory Flexible Equity ETF makes up about 1.3% of Brown Advisory Inc.’s investment portfolio, making the stock its 16th largest holding. Brown Advisory Inc. owned about 94.53% of Brown Advisory Flexible Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.