Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Reaches New 12-Month High – What’s Next?

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) hit a new 52-week high during trading on Thursday . The company traded as high as $57.90 and last traded at $57.50, with a volume of 14241 shares trading hands. The stock had previously closed at $57.23.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The company has a market cap of $575.42 million, a P/E ratio of 11.60 and a beta of 0.97. The business’s 50-day moving average price is $55.90 and its 200 day moving average price is $53.75.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a $0.1856 dividend. The ex-dividend date was Monday, June 29th.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

A number of institutional investors have recently bought and sold shares of QVAL. JPMorgan Chase & Co. acquired a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at approximately $97,000. Sankala Group LLC acquired a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the 4th quarter worth approximately $664,000. Baker Boyer National Bank increased its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% during the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock worth $1,236,000 after acquiring an additional 261 shares during the last quarter. Stillwater Private Wealth LLC bought a new stake in Alpha Architect U.S. Quantitative Value ETF in the 1st quarter valued at $5,291,000. Finally, Ethos Financial Group LLC raised its stake in Alpha Architect U.S. Quantitative Value ETF by 10.7% in the 4th quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock valued at $14,208,000 after acquiring an additional 28,116 shares during the period.

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.