Shares of Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM – Get Free Report) fell 1.7% during mid-day trading on Monday . The stock traded as low as $73.58 and last traded at $73.75. 27,772 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 23,856 shares. The stock had previously closed at $75.01.
Alpha Architect U.S. Quantitative Momentum ETF Stock Down 1.7%
The company has a market capitalization of $422.59 million, a P/E ratio of 27.79 and a beta of 1.07. The business has a 50 day moving average of $76.23 and a 200 day moving average of $74.54.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Advantage Trust Co raised its holdings in Alpha Architect U.S. Quantitative Momentum ETF by 5.1% during the 4th quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after buying an additional 2,175 shares during the period. Baker Boyer National Bank grew its stake in Alpha Architect U.S. Quantitative Momentum ETF by 1.2% in the fourth quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock worth $1,123,000 after purchasing an additional 199 shares in the last quarter. Opal Capital LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF during the fourth quarter valued at $300,000. Sankala Group LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter valued at about $650,000. Finally, Parallel Advisors LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF during the first quarter valued at approximately $58,000.
About Alpha Architect U.S. Quantitative Momentum ETF
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.
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