Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Sets New 52-Week High – Here’s Why

Alpha Architect 1-3 Month Box ETF (BATS:BOXX) shares hit a new 52-week high on Monday . The company traded as high as $117.50 and last traded at $117.50, with a volume of 143339 shares. The stock had previously closed at $117.49.

Alpha Architect 1-3 Month Box ETF Price Performance

The stock’s 50 day simple moving average is $117.03 and its two-hundred day simple moving average is $116.27. The firm has a market cap of $6.99 billion and a P/E ratio of 28.96.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BOXX. Sound Income Strategies LLC purchased a new stake in shares of Alpha Architect 1-3 Month Box ETF in the first quarter worth $58,000. Cornerstone Planning Group LLC raised its position in shares of Alpha Architect 1-3 Month Box ETF by 131.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,139 shares of the company’s stock worth $133,000 after purchasing an additional 647 shares during the last quarter. Fiduciary Alliance LLC purchased a new position in shares of Alpha Architect 1-3 Month Box ETF in the 1st quarter worth about $205,000. Parallel Advisors LLC bought a new position in Alpha Architect 1-3 Month Box ETF in the 1st quarter worth about $209,000. Finally, Atlantic Private Wealth LLC boosted its stake in Alpha Architect 1-3 Month Box ETF by 10.5% in the 4th quarter. Atlantic Private Wealth LLC now owns 1,984 shares of the company’s stock worth $228,000 after purchasing an additional 188 shares in 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.