Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Stock Price Down 0.3% – Here’s Why

Shares of Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) were down 0.3% on Monday . The company traded as low as $24.24 and last traded at $24.24. Approximately 27,326 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 41,105 shares. The stock had previously closed at $24.31.

Alpha Architect High Inflation and Deflation ETF Stock Down 0.3%

The business’s fifty day moving average is $24.26 and its two-hundred day moving average is $23.71. The stock has a market capitalization of $112.96 million, a PE ratio of 31.94 and a beta of 0.09.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Alpha Architect High Inflation and Deflation ETF stock. Ethos Financial Group LLC lifted its holdings in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) by 43.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 234,673 shares of the company’s stock after purchasing an additional 71,145 shares during the quarter. Ethos Financial Group LLC owned 7.93% of Alpha Architect High Inflation and Deflation ETF worth $5,333,000 at the end of the most recent quarter.

About Alpha Architect High Inflation and Deflation ETF

The Alpha Architect High Inflation & Deflation ETF (HIDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that dynamically allocates its assets to US Treasury bonds, real estate, and commodities. The fund shifts exposure based on momentum and trend-following factors. HIDE was launched on Nov 17, 2022 and is issued by Alpha Architect.