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

Shares of Alpha Architect 1-3 Month Box ETF (BATS:BOXX) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $118.14 and last traded at $118.1450, with a volume of 1995148 shares changing hands. The stock had previously closed at $118.13.

Alpha Architect 1-3 Month Box ETF Stock Up 0.0%

The firm’s 50 day simple moving average is $117.68 and its 200-day simple moving average is $116.88. The company has a market capitalization of $7.02 billion and a PE ratio of 28.96.

Institutional Investors Weigh In On Alpha Architect 1-3 Month Box ETF

Several large investors have recently added to or reduced their stakes in BOXX. Atlantic Private Wealth LLC lifted its holdings in Alpha Architect 1-3 Month Box ETF by 10.5% in the fourth quarter. Atlantic Private Wealth LLC now owns 1,984 shares of the company’s stock worth $228,000 after purchasing an additional 188 shares during the period. Sound Income Strategies LLC acquired a new position in Alpha Architect 1-3 Month Box ETF during the 1st quarter valued at about $58,000. Cornerstone Planning Group LLC increased its stake 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 valued at $133,000 after buying an additional 647 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Alpha Architect 1-3 Month Box ETF by 1.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 54,675 shares of the company’s stock worth $6,358,000 after buying an additional 760 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in shares of Alpha Architect 1-3 Month Box ETF during the 1st quarter worth about $205,000.

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.