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

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) shares saw strong trading volume on Wednesday . 42,012 shares changed hands during mid-day trading, an increase of 68% from the previous session’s volume of 25,009 shares.The stock last traded at $53.91 and had previously closed at $52.24.

Alpha Architect U.S. Quantitative Value ETF Price Performance

The stock has a market capitalization of $505.22 million, a price-to-earnings ratio of 11.60 and a beta of 1.02. The business has a fifty day moving average of $52.36 and a 200 day moving average of $49.60.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a $0.2101 dividend. The ex-dividend date was Monday, March 30th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QVAL. Ethos Financial Group LLC lifted its stake in Alpha Architect U.S. Quantitative Value ETF by 10.7% during the fourth 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 stake in shares of Alpha Architect U.S. Quantitative Value ETF in the fourth quarter valued at $664,000. JPMorgan Chase & Co. acquired a new stake in shares of Alpha Architect U.S. Quantitative Value ETF in the third quarter valued at $97,000. Finally, Baker Boyer National Bank raised its stake in Alpha Architect U.S. Quantitative Value ETF by 3.7% in the third quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock valued at $1,170,000 after buying an additional 899 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.