Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Reaches New 1-Year High – Here’s What Happened

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $55.95 and last traded at $55.95, with a volume of 213 shares traded. The stock had previously closed at $54.96.

Alpha Architect U.S. Quantitative Value ETF Stock Up 0.6%

The firm has a market capitalization of $529.68 million, a price-to-earnings ratio of 11.60 and a beta of 0.98. The business’s fifty day moving average is $53.46 and its 200 day moving average is $51.52.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were given a $0.2101 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new stake in Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter valued at $97,000. Sankala Group LLC bought a new stake in Alpha Architect U.S. Quantitative Value ETF in the 4th quarter valued at $664,000. Baker Boyer National Bank lifted its position in Alpha Architect U.S. Quantitative Value ETF by 3.7% in the 3rd quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock valued at $1,170,000 after acquiring an additional 899 shares in the last quarter. Finally, Ethos Financial Group LLC lifted its position in Alpha Architect U.S. Quantitative Value ETF by 10.7% in the 4th quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock valued at $14,208,000 after acquiring an additional 28,116 shares in the last quarter.

About Alpha Architect U.S. Quantitative Value ETF

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.