Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw strong trading volume on Monday . Approximately 51,860 shares traded hands during mid-day trading, an increase of 103% from the previous session’s volume of 25,509 shares.The stock last traded at $61.42 and had previously closed at $62.02.

Alpha Architect U.S. Quantitative Value ETF Price Performance

The firm has a 50-day moving average of $58.76 and a 200-day moving average of $55.48. The stock has a market cap of $617.55 million, a PE ratio of 11.60 and a beta of 0.97.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

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

Large investors have recently made changes to their positions in the company. Stillwater Private Wealth LLC bought a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the 1st quarter valued at approximately $5,291,000. Sankala Group LLC bought a new stake in Alpha Architect U.S. Quantitative Value ETF in the fourth quarter worth $664,000. JPMorgan Chase & Co. purchased a new position in Alpha Architect U.S. Quantitative Value ETF during the third quarter worth $97,000. Finally, Baker Boyer National Bank increased its position in 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 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.