Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Stock Price Up 3.9% – Still a Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s stock price shot up 3.9% during mid-day trading on Monday . The stock traded as high as $110.52 and last traded at $114.7850. 543,747 shares traded hands during trading, a decline of 29% from the average session volume of 765,956 shares. The stock had previously closed at $110.50.

Alpha Architect 1-3 Month Box ETF Stock Performance

The stock has a market capitalization of $6.83 billion and a P/E ratio of 28.96. The stock has a 50-day simple moving average of $114.34 and a 200 day simple moving average of $113.53.

Institutional Investors Weigh In On Alpha Architect 1-3 Month Box ETF

Several institutional investors have recently bought and sold shares of BOXX. Avondale Wealth Management lifted its stake in Alpha Architect 1-3 Month Box ETF by 40.8% in the second quarter. Avondale Wealth Management now owns 57,630 shares of the company’s stock valued at $6,494,000 after purchasing an additional 16,703 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Alpha Architect 1-3 Month Box ETF by 63.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 43,263 shares of the company’s stock valued at $4,875,000 after acquiring an additional 16,748 shares during the period. Valeo Financial Advisors LLC lifted its stake in shares of Alpha Architect 1-3 Month Box ETF by 41.6% during the 2nd quarter. Valeo Financial Advisors LLC now owns 4,422 shares of the company’s stock valued at $498,000 after buying an additional 1,300 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in Alpha Architect 1-3 Month Box ETF during the 2nd quarter valued at $201,000. Finally, Longview Financial Advisors Inc. lifted its holdings in Alpha Architect 1-3 Month Box ETF by 141.5% during the 2nd quarter. Longview Financial Advisors Inc. now owns 8,905 shares of the company’s stock worth $1,003,000 after purchasing an additional 5,218 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.