AdvisorShares Investments LLC Takes Position in Alpha Architect 1-3 Month Box ETF $BOXX

AdvisorShares Investments LLC bought a new position in Alpha Architect 1-3 Month Box ETF (BATS:BOXX) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 70,000 shares of the company’s stock, valued at approximately $8,140,000. Alpha Architect 1-3 Month Box ETF comprises about 1.5% of AdvisorShares Investments LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in Alpha Architect 1-3 Month Box ETF in the first quarter valued at about $58,000. Argent Advisors Inc. bought a new position in shares of Alpha Architect 1-3 Month Box ETF in the first quarter valued at approximately $503,000. Janney Montgomery Scott LLC boosted its holdings in shares of Alpha Architect 1-3 Month Box ETF by 1.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 54,675 shares of the company’s stock worth $6,358,000 after acquiring an additional 760 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Alpha Architect 1-3 Month Box ETF in the 1st quarter worth approximately $205,000. Finally, Longview Financial Advisors Inc. grew its position in Alpha Architect 1-3 Month Box ETF by 8.3% during the 1st quarter. Longview Financial Advisors Inc. now owns 80,928 shares of the company’s stock worth $9,411,000 after acquiring an additional 6,177 shares during the last quarter.

Alpha Architect 1-3 Month Box ETF Price Performance

BOXX stock opened at $117.22 on Friday. The business has a fifty day moving average price of $116.86 and a 200 day moving average price of $116.08. Alpha Architect 1-3 Month Box ETF has a fifty-two week low of $112.70 and a fifty-two week high of $117.22. The stock has a market capitalization of $6.97 billion and a price-to-earnings ratio of 28.96.

Alpha Architect 1-3 Month Box ETF Company Profile

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.