Harbor Investment Advisory LLC Takes Position in Brandes U.S. Value ETF (BATS:BUSA)

Harbor Investment Advisory LLC bought a new stake in shares of Brandes U.S. Value ETF (BATS:BUSA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

Brandes U.S. Value ETF Price Performance

Brandes U.S. Value ETF stock opened at $31.73 on Friday. The stock has a market cap of $123.73 million, a price-to-earnings ratio of 15.71 and a beta of 0.74. The stock has a fifty day moving average price of $31.17 and a 200-day moving average price of $30.44.

Brandes U.S. Value ETF Company Profile

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.