Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Shares Down 0.8% – Should You Sell?

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) shares fell 0.8% during mid-day trading on Wednesday . The stock traded as low as $69.19 and last traded at $69.77. 35,229 shares were traded during mid-day trading, an increase of 66% from the average session volume of 21,167 shares. The stock had previously closed at $70.34.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

The stock’s 50 day moving average is $70.06 and its two-hundred day moving average is $66.62. The stock has a market capitalization of $366.99 million, a PE ratio of 27.79 and a beta of 1.06.

Alpha Architect U.S. Quantitative Momentum ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.3541 per share. The ex-dividend date was Tuesday, December 23rd.

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

A number of large investors have recently modified their holdings of the company. Sankala Group LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $650,000. Opal Capital LLC purchased a new position in Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter valued at $300,000. Baker Boyer National Bank increased its holdings in Alpha Architect U.S. Quantitative Momentum ETF by 1.2% in the fourth quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock valued at $1,123,000 after buying an additional 199 shares during the last quarter. Finally, Advantage Trust Co raised its stake in Alpha Architect U.S. Quantitative Momentum ETF by 5.1% in the fourth quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after buying an additional 2,175 shares in the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Company Profile

The Alpha Architect U.S. Quantitative Momentum ETF (QMOM) is an exchange-traded fund that is based on the QMOM-US – No underlying index. The fund is an active, equal-weighted portfolio of US stocks, screened for their strong and consistent momentum. QMOM was launched on Dec 2, 2015 and is issued by Alpha Architect.