Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) Shares Down 1.2% – What’s Next?

Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOMGet Free Report) shares fell 1.2% during trading on Tuesday . The company traded as low as $73.80 and last traded at $75.14. 25,225 shares changed hands during trading, an increase of 10% from the average session volume of 22,832 shares. The stock had previously closed at $76.09.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

The stock has a market cap of $437.89 million, a price-to-earnings ratio of 27.79 and a beta of 1.06. The company’s 50 day simple moving average is $73.23 and its two-hundred day simple moving average is $69.71.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Parallel Advisors LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the first quarter valued at $58,000. Opal Capital LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth about $300,000. Sankala Group LLC purchased a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth about $650,000. Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 3.6% during the 3rd quarter. Baker Boyer National Bank now owns 16,994 shares of the company’s stock valued at $1,095,000 after buying an additional 589 shares during the last quarter. Finally, Advantage Trust Co lifted its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 20.6% during the 3rd quarter. Advantage Trust Co now owns 42,513 shares of the company’s stock valued at $2,740,000 after buying an additional 7,264 shares during the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Company Profile

(Get Free Report)

The Alpha Architect U.S. Quantitative Momentum ETF (QMOM) is an exchange-traded fund that is based on the QMOM-US – No underlying index. The fund is an active, equal-weighted portfolio of US stocks, screened for their strong and consistent momentum. QMOM was launched on Dec 2, 2015 and is issued by Alpha Architect.

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