Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Reaches New 12-Month High – Should You Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s stock price hit a new 52-week high on Monday . The stock traded as high as $117.72 and last traded at $117.70, with a volume of 386032 shares changing hands. The stock had previously closed at $117.70.

Alpha Architect 1-3 Month Box ETF Stock Performance

The stock has a market capitalization of $7.00 billion and a price-to-earnings ratio of 28.96. The business’s 50 day simple moving average is $117.23 and its 200-day simple moving average is $116.47.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sound Income Strategies LLC acquired a new stake in Alpha Architect 1-3 Month Box ETF in the 1st quarter valued at approximately $58,000. Cornerstone Planning Group LLC boosted its position in Alpha Architect 1-3 Month Box ETF by 131.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,139 shares of the company’s stock worth $133,000 after acquiring an additional 647 shares during the period. Fiduciary Alliance LLC bought a new position in shares of Alpha Architect 1-3 Month Box ETF in the first quarter worth $205,000. Parallel Advisors LLC bought a new position in shares of Alpha Architect 1-3 Month Box ETF in the first quarter worth $209,000. Finally, Atlantic Private Wealth LLC increased its holdings in shares of Alpha Architect 1-3 Month Box ETF by 10.5% during the fourth quarter. Atlantic Private Wealth LLC now owns 1,984 shares of the company’s stock valued at $228,000 after purchasing an additional 188 shares during the period.

Alpha Architect 1-3 Month Box ETF Company Profile

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.