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

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $57.29 and last traded at $57.26, with a volume of 46964 shares traded. The stock had previously closed at $56.70.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The business’s 50 day moving average is $55.47 and its 200-day moving average is $53.43. The firm has a market capitalization of $568.02 million, a price-to-earnings ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

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

A number of hedge funds have recently made changes to their positions in QVAL. Sankala Group LLC bought a new position in Alpha Architect U.S. Quantitative Value ETF in the 4th quarter valued at $664,000. Ethos Financial Group LLC grew its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 10.7% during the fourth quarter. Ethos Financial Group LLC now owns 291,178 shares of the company’s stock worth $14,208,000 after purchasing an additional 28,116 shares during the last quarter. Stillwater Private Wealth LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Value ETF during the first quarter worth $5,291,000. JPMorgan Chase & Co. acquired a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at $97,000. Finally, Baker Boyer National Bank increased its stake in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% in the fourth quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after buying an additional 261 shares in the last quarter.

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.