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Brown Advisory Flexible Equity ETF (NASDAQ: BAFE - Get Free Report) shares rose 1.1% during mid-day trading on Friday. The company traded as high as $26.95 and last traded at $26.92. Approximately 155,193 shares were traded during mid-day trading, an increase of 131% from the average daily volume of 67,082 shares. The stock had previously
Brown Advisory Flexible Equity ETF (NASDAQ: BAFE - Get Free Report) shares saw unusually-high trading volume on Friday. Approximately 118,810 shares traded hands during trading, an increase of 55% from the previous session's volume of 76,533 shares.The stock last traded at $27.35 and had previously closed at $27.51. Brown Advisory Flexible Equity ETF Stock Down
Brown Advisory Flexible Equity ETF (NASDAQ: BAFE - Get Free Report) shares saw strong trading volume on Wednesday. 147,888 shares changed hands during mid-day trading, an increase of 65% from the previous session's volume of 89,385 shares.The stock last traded at $27.41 and had previously closed at $27.51. Brown Advisory Flexible Equity ETF Price Performance
BAFE is Brown Advisory's debut actively managed fund that follows the firm's flexible strategy that's applied to approximately $170 billion in client assets. After waivers, BAFE's expense ratio is 0.54%. Historically, Brown's flexible equity strategy that emphasizes companies with competitive advantages and shareholder-friendly management teams has outperformed since 1984. However, recent returns are less impressive, with the strategy matching the returns of the S&P 500 Index net of fees over the last five and ten years.
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