Brandes U.S. Value ETF (BATS:BUSA) Shares Cross Above 200-Day Moving Average – Should You Sell?

Brandes U.S. Value ETF (BATS:BUSA) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $31.09 and traded as high as $34.01. Brandes U.S. Value ETF shares last traded at $33.92, with a volume of 45,447 shares trading hands.

Brandes U.S. Value ETF Stock Performance

The company’s fifty day simple moving average is $32.37 and its two-hundred day simple moving average is $31.13. The company has a market capitalization of $132.33 million, a price-to-earnings ratio of 15.71 and a beta of 0.74.

Hedge Funds 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 acquired a new stake in shares of Brandes U.S. Value ETF (BATS:BUSA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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.

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.