Brandes U.S. Value ETF (BATS:BUSA) Trading 2.7% Higher – Here’s What Happened

Brandes U.S. Value ETF (BATS:BUSA)’s stock price was up 2.7% on Monday . The company traded as high as $32.70 and last traded at $33.03. Approximately 404,026 shares were traded during mid-day trading, The stock had previously closed at $32.15.

Brandes U.S. Value ETF Trading Up 3.1 %

The company’s 50 day simple moving average is $32.64 and its 200-day simple moving average is $31.81. The firm has a market cap of $129.25 million, a P/E ratio of 15.71 and a beta of 0.74.

Brandes U.S. Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a $0.1474 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Brandes U.S. Value ETF

An institutional investor recently bought a new position in Brandes U.S. Value ETF stock. Harbor Investment Advisory LLC purchased a new position in Brandes U.S. Value ETF (BATS:BUSA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 28,976 shares of the company’s stock, valued at approximately $921,000. Harbor Investment Advisory LLC owned 0.74% of Brandes U.S. Value ETF at the end of the most recent quarter.

About Brandes U.S. Value ETF

The Brandes U.S. Value ETF (BUSA) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of companies whose business activities are predominantly in the US. The fund seeks securities that are perceived to be trading at a discount to their intrinsic value BUSA was launched on Oct 3, 2023 and is issued by Brandes.