Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Hits New 12-Month High – Here’s Why

Alpha Architect 1-3 Month Box ETF (BATS:BOXX) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $115.89 and last traded at $115.89, with a volume of 1591355 shares trading hands. The stock had previously closed at $115.89.

Alpha Architect 1-3 Month Box ETF Trading Up 0.1%

The firm has a market capitalization of $6.89 billion and a P/E ratio of 28.96. The company has a 50 day simple moving average of $115.52 and a two-hundred day simple moving average of $114.65.

Hedge Funds Weigh In On Alpha Architect 1-3 Month Box ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in Alpha Architect 1-3 Month Box ETF by 242.4% during the second quarter. JPMorgan Chase & Co. now owns 16,839 shares of the company’s stock valued at $1,897,000 after acquiring an additional 11,921 shares in the last quarter. Titleist Asset Management LLC purchased a new stake in Alpha Architect 1-3 Month Box ETF in the 2nd quarter worth $23,282,000. Morse Asset Management Inc purchased a new stake in Alpha Architect 1-3 Month Box ETF in the 2nd quarter worth $1,352,000. Valeo Financial Advisors LLC boosted its holdings in shares of Alpha Architect 1-3 Month Box ETF by 41.6% during the 2nd quarter. Valeo Financial Advisors LLC now owns 4,422 shares of the company’s stock valued at $498,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Alpha Architect 1-3 Month Box ETF by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 20,052 shares of the company’s stock valued at $2,283,000 after purchasing an additional 3,641 shares during the last quarter.

About Alpha Architect 1-3 Month Box ETF

The Alpha Architect 1-3 Month Box ETF (BOXX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed. The fund seeks to provide the price and yield performance of 1-3 month US Treasury Bills, less fees and expenses, through the use of derivatives BOXX was launched on Dec 28, 2022 and is managed by Alpha Architect.