Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Hits New 12-Month High – Should You Buy?

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $61.59 and last traded at $61.59, with a volume of 2278 shares changing hands. The stock had previously closed at $60.66.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The stock has a market capitalization of $624.37 million, a price-to-earnings ratio of 11.60 and a beta of 0.97. The business has a 50-day moving average of $57.51 and a 200-day moving average of $54.83.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.1856 dividend. The ex-dividend date of this dividend was Monday, June 29th.

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

A number of institutional investors have recently modified their holdings of the business. Stillwater Private Wealth LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the first quarter worth about $5,291,000. Sankala Group LLC acquired a new position in Alpha Architect U.S. Quantitative Value ETF in the 4th quarter valued at about $664,000. JPMorgan Chase & Co. purchased a new stake in Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter valued at approximately $97,000. Finally, Baker Boyer National Bank lifted its position in Alpha Architect U.S. Quantitative Value ETF by 1.0% during the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock worth $1,236,000 after acquiring an additional 261 shares during the period.

Alpha Architect U.S. Quantitative Value ETF Company Profile

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.