Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Reaches New 52-Week High – Should You Buy?

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.29 and last traded at $54.11, with a volume of 1559 shares. The stock had previously closed at $53.97.

Alpha Architect U.S. Quantitative Value ETF Trading Up 0.3%

The stock has a 50 day moving average price of $52.58 and a 200-day moving average price of $49.88. The stock has a market capitalization of $510.97 million, a PE ratio of 11.60 and a beta of 1.02.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a $0.2101 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

A number of institutional investors have recently bought and sold shares of the stock. Ethos Financial Group LLC raised its holdings 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 worth $14,208,000 after purchasing an additional 28,116 shares during the period. Baker Boyer National Bank raised its holdings 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 worth $1,236,000 after purchasing an additional 261 shares during the period. Sankala Group LLC bought a new position in Alpha Architect U.S. Quantitative Value ETF in the 4th quarter worth $664,000. Finally, JPMorgan Chase & Co. bought a new position in Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter worth $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.