Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw unusually-strong trading volume on Wednesday . Approximately 42,012 shares changed hands during trading, an increase of 68% from the previous session’s volume of 25,009 shares.The stock last traded at $53.91 and had previously closed at $52.24.

Alpha Architect U.S. Quantitative Value ETF Stock Down 0.9%

The firm’s 50-day simple moving average is $52.46 and its 200-day simple moving average is $49.66. The firm has a market capitalization of $501.93 million, a PE ratio of 11.60 and a beta of 1.02.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a dividend of $0.2101 per share. The ex-dividend date was Monday, March 30th.

Institutional Trading of Alpha Architect U.S. Quantitative Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Baker Boyer National Bank grew its holdings in Alpha Architect U.S. Quantitative Value ETF by 1.0% in the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock worth $1,236,000 after acquiring an additional 261 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter valued at about $97,000. Sankala Group LLC bought a new position in Alpha Architect U.S. Quantitative Value ETF during the 4th quarter valued at approximately $664,000. Finally, Ethos Financial Group LLC raised its position in Alpha Architect U.S. Quantitative Value ETF by 7.1% during the 3rd quarter. Ethos Financial Group LLC now owns 263,062 shares of the company’s stock valued at $12,272,000 after purchasing an additional 17,365 shares during the last quarter.

About Alpha Architect U.S. Quantitative Value ETF

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.