Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) Hits New 52-Week Low – Should You Sell?

Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) shares reached a new 52-week low on Thursday . The stock traded as low as $23.35 and last traded at $23.43, with a volume of 5837 shares traded. The stock had previously closed at $24.42.

Brown Advisory Flexible Equity ETF Price Performance

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

Hedge Funds Weigh In On Brown Advisory Flexible Equity ETF

A hedge fund recently bought a new stake in Brown Advisory Flexible Equity ETF stock. Brown Advisory Inc. bought a new position in Brown Advisory Flexible Equity ETF (NASDAQ:BAFE) in the 4th quarter, according to its most recent filing 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 accounts for approximately 1.3% of Brown Advisory Inc.’s holdings, making the stock its 16th biggest position. Brown Advisory Inc. owned approximately 94.53% of Brown Advisory Flexible Equity ETF at the end of the most recent quarter.

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.