Brandes U.S. Value ETF (BATS:BUSA) Trading 2.7% Higher – Still a Buy?

Brandes U.S. Value ETF (BATS:BUSA) rose 2.7% during trading on Monday . The company traded as high as $32.70 and last traded at $33.03. Approximately 404,026 shares changed hands during trading, The stock had previously closed at $32.15.

Brandes U.S. Value ETF Stock Up 2.7 %

The company has a market cap of $128.82 million, a PE ratio of 15.71 and a beta of 0.74. The firm has a 50 day simple moving average of $32.64 and a 200-day simple moving average of $31.81.

Brandes U.S. Value ETF Dividend Announcement

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

Institutional Investors Weigh In On Brandes U.S. Value ETF

A hedge fund recently bought a new stake in Brandes U.S. Value ETF stock. Harbor Investment Advisory LLC purchased a new position in shares of Brandes U.S. Value ETF (BATS:BUSA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 filing with the Securities and Exchange Commission (SEC).

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.