Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Hits New 12-Month High – Time to Buy?

Shares of Alpha Architect 1-3 Month Box ETF (BATS:BOXX) reached a new 52-week high on Monday . The stock traded as high as $116.76 and last traded at $116.75, with a volume of 209804 shares. The stock had previously closed at $116.73.

Alpha Architect 1-3 Month Box ETF Stock Performance

The company has a fifty day moving average of $116.29 and a two-hundred day moving average of $115.48. The company has a market cap of $6.94 billion and a PE ratio of 28.96.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BOXX. JPMorgan Chase & Co. raised its position 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. Morse Asset Management Inc acquired a new position in shares of Alpha Architect 1-3 Month Box ETF in the 2nd quarter valued at $1,352,000. Opus Capital Group LLC lifted its stake in shares of Alpha Architect 1-3 Month Box ETF by 8.7% in the 3rd quarter. Opus Capital Group LLC now owns 199,161 shares of the company’s stock valued at $22,677,000 after purchasing an additional 15,967 shares during the last quarter. Hollencrest Capital Management acquired a new position in Alpha Architect 1-3 Month Box ETF during the 3rd quarter worth about $34,000. Finally, Atlantic Private Wealth LLC lifted its stake in Alpha Architect 1-3 Month Box ETF by 11.7% during the 3rd quarter. Atlantic Private Wealth LLC now owns 1,796 shares of the company’s stock worth $204,000 after acquiring an additional 188 shares in 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.