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

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $56.37 and last traded at $56.36, with a volume of 14850 shares trading hands. The stock had previously closed at $55.35.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The firm has a market capitalization of $532.13 million, a P/E ratio of 11.60 and a beta of 0.97. The firm’s 50-day moving average is $54.25 and its 200 day moving average is $52.10.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Ethos Financial Group LLC increased its stake 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 buying an additional 28,116 shares during the last quarter. Stillwater Private Wealth LLC acquired a new stake in Alpha Architect U.S. Quantitative Value ETF in the 1st quarter valued at $5,291,000. Baker Boyer National Bank increased its stake in Alpha Architect U.S. Quantitative Value ETF by 1.0% in the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after buying an additional 261 shares during the last quarter. Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Value ETF in the 4th quarter valued at $664,000. Finally, JPMorgan Chase & Co. acquired a new stake in Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter valued at $97,000.

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.