Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sets New 52-Week High – Still a Buy?

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) reached a new 52-week high during trading on Monday . The company traded as high as $60.47 and last traded at $60.36, with a volume of 3606 shares. The stock had previously closed at $60.33.

Alpha Architect U.S. Quantitative Value ETF Price Performance

The firm’s 50-day simple moving average is $56.80 and its two-hundred day simple moving average is $54.36. The company has a market capitalization of $608.62 million, a price-to-earnings ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in Alpha Architect U.S. Quantitative Value ETF during the third quarter worth $97,000. Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Value ETF in the fourth quarter valued at $664,000. Baker Boyer National Bank increased its position in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% in the fourth quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after buying an additional 261 shares in the last quarter. Finally, Stillwater Private Wealth LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF in the first quarter valued at $5,291,000.

About Alpha Architect U.S. Quantitative Value ETF

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.