Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Reaches New 52-Week High – Here’s Why

Shares of Alpha Architect 1-3 Month Box ETF (BATS:BOXX) hit a new 52-week high on Monday . The stock traded as high as $118.08 and last traded at $118.06, with a volume of 721885 shares trading hands. The stock had previously closed at $118.06.

Alpha Architect 1-3 Month Box ETF Price Performance

The stock has a market capitalization of $7.02 billion and a P/E ratio of 28.96. The stock’s fifty day moving average is $117.56 and its two-hundred day moving average is $116.78.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BOXX. Sound Income Strategies LLC purchased a new position in shares of Alpha Architect 1-3 Month Box ETF during the first quarter valued at $58,000. Cornerstone Planning Group LLC lifted its stake in Alpha Architect 1-3 Month Box ETF by 131.5% in 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 in the last quarter. Fiduciary Alliance LLC acquired a new stake in Alpha Architect 1-3 Month Box ETF during the 1st quarter worth about $205,000. Parallel Advisors LLC acquired a new stake in Alpha Architect 1-3 Month Box ETF during the 1st quarter worth about $209,000. Finally, Atlantic Private Wealth LLC grew its stake in Alpha Architect 1-3 Month Box ETF by 10.5% during the 4th quarter. Atlantic Private Wealth LLC now owns 1,984 shares of the company’s stock valued at $228,000 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.