Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sets New 12-Month High – Should You Buy?

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $50.80 and last traded at $50.67, with a volume of 21233 shares changing hands. The stock had previously closed at $49.89.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The stock has a fifty day simple moving average of $48.33 and a two-hundred day simple moving average of $46.33. The stock has a market capitalization of $510.49 million, a price-to-earnings ratio of 11.60 and a beta of 1.08.

Alpha Architect U.S. Quantitative Value ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were issued a $0.2421 dividend. The ex-dividend date was Tuesday, December 23rd.

Institutional Trading of Alpha Architect U.S. Quantitative Value ETF

Several large investors have recently modified their holdings of QVAL. Ethos Financial Group LLC lifted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 20.8% during the 2nd quarter. Ethos Financial Group LLC now owns 245,697 shares of the company’s stock valued at $10,813,000 after acquiring an additional 42,305 shares during the period. JPMorgan Chase & Co. bought a new stake in Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at $97,000. Finally, Baker Boyer National Bank raised its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 3.7% during the third quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock valued at $1,170,000 after purchasing an additional 899 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.