Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Hits New 12-Month High – Should You Buy?

Shares of Alpha Architect 1-3 Month Box ETF (BATS:BOXX) reached a new 52-week high on Monday . The company traded as high as $118.19 and last traded at $118.1550, with a volume of 2531190 shares traded. The stock had previously closed at $118.19.

Alpha Architect 1-3 Month Box ETF Price Performance

The business’s 50-day moving average price is $117.76 and its two-hundred day moving average price is $116.95. The firm has a market cap of $7.03 billion and a price-to-earnings ratio of 28.96.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC bought a new stake in shares of Alpha Architect 1-3 Month Box ETF in the 1st quarter worth about $58,000. Cornerstone Planning Group LLC raised its stake in shares of 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 valued at $133,000 after purchasing an additional 647 shares in the last quarter. Fiduciary Alliance LLC bought a new position in shares of Alpha Architect 1-3 Month Box ETF during the first quarter worth about $205,000. Parallel Advisors LLC bought a new position in shares of Alpha Architect 1-3 Month Box ETF during the first quarter worth about $209,000. Finally, Atlantic Private Wealth LLC lifted its position in shares of Alpha Architect 1-3 Month Box ETF by 10.5% during 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 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.