Brandes U.S. Value ETF (BATS:BUSA) Shares Down 0.3% – What’s Next?

Brandes U.S. Value ETF (BATS:BUSA) shares traded down 0.3% on Tuesday . The company traded as low as $32.74 and last traded at $32.85. 24,966 shares changed hands during trading, The stock had previously closed at $32.94.

Brandes U.S. Value ETF Trading Down 0.4 %

The company has a market capitalization of $127.94 million, a PE ratio of 15.71 and a beta of 0.74. The firm’s 50-day simple moving average is $32.01 and its 200-day simple moving average is $30.94.

Institutional Trading of Brandes U.S. Value ETF

A hedge fund recently bought a new stake in Brandes U.S. Value ETF stock. Harbor Investment Advisory LLC bought a new stake in shares of Brandes U.S. Value ETF (BATS:BUSA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 28,976 shares of the company’s stock, valued at approximately $921,000. Harbor Investment Advisory LLC owned approximately 0.74% of Brandes U.S. Value ETF as of its most recent SEC filing.

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.