Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Sets New 52-Week High – Still a Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $116.34 and last traded at $116.33, with a volume of 1708787 shares trading hands. The stock had previously closed at $116.30.

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

The stock has a 50 day moving average of $115.93 and a 200-day moving average of $115.10. The company has a market capitalization of $6.92 billion and a P/E ratio of 28.96.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BOXX. JPMorgan Chase & Co. lifted its holdings in Alpha Architect 1-3 Month Box ETF by 242.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 16,839 shares of the company’s stock worth $1,897,000 after purchasing an additional 11,921 shares in the last quarter. Morse Asset Management Inc purchased a new position in Alpha Architect 1-3 Month Box ETF in the 2nd quarter worth approximately $1,352,000. Valeo Financial Advisors LLC lifted 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 worth $498,000 after purchasing an additional 1,300 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Alpha Architect 1-3 Month Box ETF by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 20,052 shares of the company’s stock worth $2,283,000 after purchasing an additional 3,641 shares in the last quarter. Finally, Ethos Financial Group LLC lifted its holdings in Alpha Architect 1-3 Month Box ETF by 12.2% in the 3rd quarter. Ethos Financial Group LLC now owns 304,540 shares of the company’s stock worth $34,675,000 after purchasing an additional 33,143 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.