Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Hits New 1-Year High – Here’s Why

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $57.29 and last traded at $57.26, with a volume of 46964 shares changing hands. The stock had previously closed at $56.70.

Alpha Architect U.S. Quantitative Value ETF Trading Down 0.2%

The company has a 50-day simple moving average of $55.52 and a 200 day simple moving average of $53.46. The firm has a market cap of $566.83 million, a PE ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

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

Hedge funds have recently added to or reduced their stakes in the company. Baker Boyer National Bank grew its stake in Alpha Architect U.S. Quantitative Value ETF by 1.0% in the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after acquiring an additional 261 shares during the period. JPMorgan Chase & Co. purchased a new stake in Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter worth $97,000. Sankala Group LLC acquired a new position in Alpha Architect U.S. Quantitative Value ETF during the fourth quarter worth $664,000. Ethos Financial Group LLC raised its position in Alpha Architect U.S. Quantitative Value ETF by 10.7% during the fourth quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock worth $14,208,000 after acquiring an additional 28,116 shares during the period. Finally, Stillwater Private Wealth LLC purchased a new position in Alpha Architect U.S. Quantitative Value ETF during the first quarter valued at $5,291,000.

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.