Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Shares Up 0.6% – Here’s What Happened

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) were up 0.6% on Monday . The stock traded as high as $57.15 and last traded at $56.80. 16,727 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 26,251 shares. The stock had previously closed at $56.46.

Alpha Architect U.S. Quantitative Value ETF Price Performance

The company has a market capitalization of $552.66 million, a P/E ratio of 11.60 and a beta of 0.97. The stock has a 50-day moving average price of $55.31 and a 200-day moving average price of $53.28.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of QVAL. Sankala Group LLC acquired a new stake in shares of Alpha Architect U.S. Quantitative Value ETF during the fourth quarter worth $664,000. Ethos Financial Group LLC lifted its holdings in Alpha Architect U.S. Quantitative Value ETF by 10.7% in the fourth quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock valued at $14,208,000 after buying an additional 28,116 shares during the period. JPMorgan Chase & Co. bought a new stake in Alpha Architect U.S. Quantitative Value ETF during the third quarter valued at $97,000. Stillwater Private Wealth LLC bought a new stake in Alpha Architect U.S. Quantitative Value ETF during the first quarter valued at $5,291,000. Finally, Baker Boyer National Bank grew its holdings in 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 period.

Alpha Architect U.S. Quantitative Value ETF Company Profile

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.