Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Hits New 52-Week High – Time to Buy?

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $57.90 and last traded at $57.50, with a volume of 14241 shares trading hands. The stock had previously closed at $57.23.

Alpha Architect U.S. Quantitative Value ETF Trading Up 0.5%

The firm has a market capitalization of $573.85 million, a price-to-earnings ratio of 11.60 and a beta of 0.97. The stock’s 50 day moving average price is $55.74 and its two-hundred day moving average price is $53.67.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.1856 dividend. The ex-dividend date of this dividend was Monday, June 29th.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

Several large investors have recently added to or reduced their stakes in the business. Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% during the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after acquiring an additional 261 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter valued at approximately $97,000. Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Value ETF in the fourth quarter valued at $664,000. Ethos Financial Group LLC increased its position in shares of Alpha Architect U.S. Quantitative Value ETF by 10.7% in the 4th quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock worth $14,208,000 after purchasing an additional 28,116 shares during the last quarter. Finally, Stillwater Private Wealth LLC bought a new stake in Alpha Architect U.S. Quantitative Value ETF in the first quarter valued at about $5,291,000.

Alpha Architect U.S. Quantitative Value ETF Company Profile

The Alpha Architect US Quantitative Value ETF (QVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of US value stocks, screened for forensic accounting and earnings quality. QVAL was launched on Oct 22, 2014 and is issued by Alpha Architect.