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

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw strong trading volume on Monday . 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 Stock Down 1.0%

The firm has a market cap of $615.94 million, a price-to-earnings ratio of 11.60 and a beta of 0.97. The business has a 50 day moving average of $58.51 and a 200 day moving average of $55.37.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

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

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

A number of institutional investors have recently modified their holdings of the company. Stillwater Private Wealth LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Value ETF during the first quarter valued at approximately $5,291,000. Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Value ETF during the fourth quarter worth approximately $664,000. JPMorgan Chase & Co. purchased a new stake in Alpha Architect U.S. Quantitative Value ETF in the 3rd quarter worth approximately $97,000. Finally, Baker Boyer National Bank grew its stake 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 worth $1,236,000 after acquiring an additional 261 shares during the period.

Alpha Architect U.S. Quantitative Value ETF Company Profile

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.