Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Hits New 12-Month High – Still a Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $116.87 and last traded at $116.86, with a volume of 319189 shares changing hands. The stock had previously closed at $116.87.

Alpha Architect 1-3 Month Box ETF Stock Down 0.0%

The stock has a fifty day simple moving average of $116.39 and a 200 day simple moving average of $115.59. The firm has a market capitalization of $6.95 billion and a P/E ratio of 28.96.

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

Several institutional investors and hedge funds have recently modified their holdings of BOXX. JPMorgan Chase & Co. raised its position in shares of Alpha Architect 1-3 Month Box ETF by 242.4% during the second quarter. JPMorgan Chase & Co. now owns 16,839 shares of the company’s stock valued at $1,897,000 after buying an additional 11,921 shares during the last quarter. Morse Asset Management Inc bought a new stake in shares of Alpha Architect 1-3 Month Box ETF during the second quarter valued at approximately $1,352,000. Hollencrest Capital Management bought a new stake in shares of Alpha Architect 1-3 Month Box ETF during the third quarter valued at approximately $34,000. Atlantic Private Wealth LLC increased its holdings in shares of Alpha Architect 1-3 Month Box ETF by 11.7% in the third quarter. Atlantic Private Wealth LLC now owns 1,796 shares of the company’s stock worth $204,000 after purchasing an additional 188 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its holdings in shares of Alpha Architect 1-3 Month Box ETF by 766.7% in the third quarter. Cornerstone Planning Group LLC now owns 4,264 shares of the company’s stock worth $485,000 after purchasing an additional 3,772 shares during 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.