Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Sets New 12-Month High – Still a Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $116.05 and last traded at $116.05, with a volume of 468490 shares changing hands. The stock had previously closed at $116.03.

Alpha Architect 1-3 Month Box ETF Stock Performance

The company has a market cap of $6.90 billion and a price-to-earnings ratio of 28.96. The company’s 50 day moving average price is $115.68 and its 200 day moving average price is $114.83.

Institutional Trading of Alpha Architect 1-3 Month Box ETF

Several hedge funds have recently added to or reduced their stakes in BOXX. Hollencrest Capital Management acquired a new stake in Alpha Architect 1-3 Month Box ETF in the 3rd quarter valued at approximately $34,000. Atlantic Private Wealth LLC raised 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 valued at $204,000 after purchasing an additional 188 shares during the last quarter. McMill Wealth Management acquired a new position in Alpha Architect 1-3 Month Box ETF during the 3rd quarter valued at $414,000. Cornerstone Planning Group LLC boosted its holdings in Alpha Architect 1-3 Month Box ETF by 766.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 4,264 shares of the company’s stock valued at $485,000 after purchasing an additional 3,772 shares during the period. Finally, Valeo Financial Advisors LLC boosted its holdings in Alpha Architect 1-3 Month Box ETF by 41.6% in the 2nd quarter. Valeo Financial Advisors LLC now owns 4,422 shares of the company’s stock valued at $498,000 after purchasing an additional 1,300 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.