Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Reaches New 52-Week High – Here’s What Happened

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) reached a new 52-week high during trading on Friday . The stock traded as high as $50.80 and last traded at $50.67, with a volume of 21233 shares changing hands. The stock had previously closed at $49.89.

Alpha Architect U.S. Quantitative Value ETF Price Performance

The stock has a market capitalization of $506.19 million, a price-to-earnings ratio of 11.60 and a beta of 1.08. The business has a fifty day moving average of $48.24 and a 200 day moving average of $46.26.

Alpha Architect U.S. Quantitative Value ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.2421 per share. The ex-dividend date was Tuesday, December 23rd.

Institutional Trading of Alpha Architect U.S. Quantitative Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of QVAL. JPMorgan Chase & Co. purchased a new position in Alpha Architect U.S. Quantitative Value ETF during the third quarter worth about $97,000. Baker Boyer National Bank raised its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 3.7% in the 3rd quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock valued at $1,170,000 after acquiring an additional 899 shares during the period. Finally, Ethos Financial Group LLC lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 7.1% in the 3rd quarter. Ethos Financial Group LLC now owns 263,062 shares of the company’s stock worth $12,272,000 after acquiring an additional 17,365 shares during the last quarter.

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.