Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Hits New 12-Month High – Here’s Why

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $116.60 and last traded at $116.60, with a volume of 61854 shares trading hands. The stock had previously closed at $116.57.

Alpha Architect 1-3 Month Box ETF Stock Performance

The stock has a 50 day simple moving average of $116.15 and a 200-day simple moving average of $115.33. The firm has a market cap of $6.93 billion and a P/E ratio of 28.96.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BOXX. Hollencrest Capital Management purchased a new stake in Alpha Architect 1-3 Month Box ETF during the third quarter valued at $34,000. Sound Income Strategies LLC purchased a new position in shares of Alpha Architect 1-3 Month Box ETF in the 1st quarter worth $58,000. Atlantic Private Wealth LLC grew its stake in shares of Alpha Architect 1-3 Month Box ETF by 11.7% in the 3rd quarter. Atlantic Private Wealth LLC now owns 1,796 shares of the company’s stock worth $204,000 after buying an additional 188 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in shares of Alpha Architect 1-3 Month Box ETF in the 1st quarter worth about $205,000. Finally, McMill Wealth Management bought a new stake in shares of Alpha Architect 1-3 Month Box ETF in the 3rd quarter worth about $414,000.

About Alpha Architect 1-3 Month Box ETF

The Alpha Architect 1-3 Month Box ETF (BOXX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed. The fund seeks to provide the price and yield performance of 1-3 month US Treasury Bills, less fees and expenses, through the use of derivatives BOXX was launched on Dec 28, 2022 and is managed by Alpha Architect.