Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Shares Down 0.6% – Here’s What Happened

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL)’s stock price was down 0.6% during mid-day trading on Tuesday . The company traded as low as $48.11 and last traded at $48.24. Approximately 15,952 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 21,588 shares. The stock had previously closed at $48.52.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The company has a market capitalization of $425.48 million, a PE ratio of 11.60 and a beta of 1.08. The stock’s fifty day simple moving average is $46.68 and its 200-day simple moving average is $45.25.

Alpha Architect U.S. Quantitative Value ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, September 12th were paid a $0.1919 dividend. This represents a $0.77 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, September 12th.

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Value ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at $97,000. Baker Boyer National Bank lifted its position in Alpha Architect U.S. Quantitative Value ETF by 3.5% during the second quarter. Baker Boyer National Bank now owns 24,171 shares of the company’s stock worth $1,064,000 after buying an additional 812 shares during the period. Finally, Ethos Financial Group LLC boosted its stake in Alpha Architect U.S. Quantitative Value ETF by 20.8% in the 2nd quarter. Ethos Financial Group LLC now owns 245,697 shares of the company’s stock worth $10,813,000 after buying an additional 42,305 shares during the last quarter.

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.