Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL – Get Free Report) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 54,094 shares, a decline of 20.9% from the February 26th total of 68,387 shares. Based on an average daily trading volume, of 26,278 shares, the short-interest ratio is presently 2.1 days. Currently, 0.6% of the shares of the company are sold short.
Alpha Architect U.S. Quantitative Value ETF Price Performance
Shares of NASDAQ:QVAL traded down $0.29 during trading on Monday, hitting $51.06. 7,646 shares of the company were exchanged, compared to its average volume of 25,175. The company has a market cap of $467.71 million, a PE ratio of 11.60 and a beta of 1.08. The stock has a 50 day moving average of $52.25 and a 200 day moving average of $49.32. Alpha Architect U.S. Quantitative Value ETF has a 52-week low of $36.77 and a 52-week high of $54.12.
Institutional Trading of Alpha Architect U.S. Quantitative Value ETF
A number of institutional investors have recently added to or reduced their stakes in QVAL. Ethos Financial Group LLC increased its position in shares of 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 valued at $14,208,000 after buying an additional 28,116 shares during the period. Baker Boyer National Bank boosted its holdings 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 purchasing an additional 261 shares during the period. Sankala Group LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the 4th quarter valued at $664,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Alpha Architect U.S. Quantitative Value ETF in the third quarter worth $97,000.
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.
Further Reading
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