Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Trading 0.6% Higher – Should You Buy?

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) rose 0.6% on Monday . The stock traded as high as $57.15 and last traded at $56.80. 16,727 shares changed hands during 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 Stock Performance

The firm has a 50 day moving average of $55.36 and a two-hundred day moving average of $53.33. The stock has a market cap of $562.46 million, a P/E ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders 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

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