Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Large Volume Increase – What’s Next?

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) shares saw strong trading volume on Thursday . 37,613 shares were traded during mid-day trading, an increase of 45% from the previous session’s volume of 25,953 shares.The stock last traded at $57.22 and had previously closed at $56.70.

Alpha Architect U.S. Quantitative Value ETF Price Performance

The firm has a market cap of $566.83 million, a PE ratio of 11.60 and a beta of 0.97. The business has a 50-day moving average price of $55.52 and a two-hundred day moving average price of $53.46.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid 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

Several hedge funds have recently added to or reduced their stakes in the business. Stillwater Private Wealth LLC acquired a new stake in shares of Alpha Architect U.S. Quantitative Value ETF during the first quarter valued at $5,291,000. Ethos Financial Group LLC increased its position in 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 worth $14,208,000 after purchasing an additional 28,116 shares in the last quarter. Sankala Group LLC acquired a new position in Alpha Architect U.S. Quantitative Value ETF in the 4th quarter valued at about $664,000. JPMorgan Chase & Co. acquired a new position in Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter valued at about $97,000. Finally, Baker Boyer National Bank lifted its holdings in Alpha Architect U.S. Quantitative Value ETF by 1.0% in the 4th quarter. Baker Boyer National Bank now owns 25,331 shares of the company’s stock valued at $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.