Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Stock Jumps 0.4% – Here’s Why

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM – Get Free Report)’s share price traded up 0.4% on Monday. The stock traded as high as $72.35 and last traded at $71.6810. Approximately 27,012 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 23,034 shares. The stock had previously closed at $71.37.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

The firm has a market capitalization of $431.62 million, a price-to-earnings ratio of 27.79 and a beta of 1.07. The stock has a fifty day moving average of $73.76 and a two-hundred day moving average of $75.52.

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

An institutional investor recently bought a new stake in Alpha Architect U.S. Quantitative Momentum ETF stock. Stillwater Private Wealth LLC acquired a new position in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 20,793 shares of the company’s stock, valued at approximately $1,420,000. Alpha Architect U.S. Quantitative Momentum ETF accounts for about 1.2% of Stillwater Private Wealth LLC’s portfolio, making the stock its 25th biggest position. Stillwater Private Wealth LLC owned about 0.37% of Alpha Architect U.S. Quantitative Momentum ETF at the end of the most recent reporting period.

Alpha Architect U.S. Quantitative Momentum ETF Company Profile

(Get Free Report)

The Alpha Architect U.S. Quantitative Momentum ETF (QMOM) is an exchange-traded fund that is based on the QMOM-US – No underlying index. The fund is an active, equal-weighted portfolio of US stocks, screened for their strong and consistent momentum. QMOM was launched on Dec 2, 2015 and is issued by Alpha Architect.

Further Reading

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