Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Reaches New 52-Week High – Still a Buy?

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVALGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $59.62 and last traded at $59.62, with a volume of 6915 shares changing hands. The stock had previously closed at $59.23.

Alpha Architect U.S. Quantitative Value ETF Trading Down 0.3%

The company has a market cap of $597.89 million, a price-to-earnings ratio of 11.60 and a beta of 0.97. The company has a fifty day moving average price of $56.64 and a two-hundred day moving average price of $54.24.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

Institutional Investors Weigh In On Alpha Architect U.S. Quantitative Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Stillwater Private Wealth LLC bought a new position in Alpha Architect U.S. Quantitative Value ETF during the first quarter worth about $5,291,000. Sankala Group LLC bought a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the fourth quarter valued at $664,000. Baker Boyer National Bank lifted its holdings in shares of Alpha Architect U.S. Quantitative Value ETF by 1.0% during the fourth quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $1,236,000 after acquiring an additional 261 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter valued at $97,000.

About Alpha Architect U.S. Quantitative Value ETF

(Get Free Report)

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.

Further Reading

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