Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sets New 1-Year High – Here’s Why

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) hit a new 52-week high during trading on Monday . The company traded as high as $60.47 and last traded at $60.36, with a volume of 3606 shares trading hands. The stock had previously closed at $60.33.

Alpha Architect U.S. Quantitative Value ETF Stock Up 0.6%

The company has a market cap of $608.62 million, a PE ratio of 11.60 and a beta of 0.97. The firm’s fifty day simple moving average is $56.80 and its 200-day simple moving average is $54.36.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Value ETF

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new stake in Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter worth about $97,000. Baker Boyer National Bank increased its position in Alpha Architect U.S. Quantitative Value ETF by 1.0% during the fourth quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock worth $1,236,000 after purchasing an additional 261 shares during the last quarter. Sankala Group LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF in the 4th quarter worth $664,000. Finally, Stillwater Private Wealth LLC purchased a new position in Alpha Architect U.S. Quantitative Value ETF in the first quarter valued at approximately $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.