Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Hits New 12-Month High – Should You Buy?

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) reached a new 52-week high on Wednesday . The stock traded as high as $61.59 and last traded at $61.59, with a volume of 2278 shares traded. The stock had previously closed at $60.66.

Alpha Architect U.S. Quantitative Value ETF Stock Up 2.3%

The stock has a fifty day moving average of $57.51 and a 200-day moving average of $54.83. The stock has a market capitalization of $624.37 million, a price-to-earnings ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a dividend of $0.1856 per share. The ex-dividend date was Monday, June 29th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new stake in Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter worth $97,000. Sankala Group LLC purchased a new stake in Alpha Architect U.S. Quantitative Value ETF in the fourth quarter valued at $664,000. Baker Boyer National Bank boosted its stake in Alpha Architect U.S. Quantitative Value ETF by 1.0% in the fourth 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. Finally, Stillwater Private Wealth LLC acquired a new position in Alpha Architect U.S. Quantitative Value ETF in the first quarter valued at $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.