Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Reaches New 52-Week High – Still a Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $117.04 and last traded at $117.03, with a volume of 2877285 shares. The stock had previously closed at $117.00.

Alpha Architect 1-3 Month Box ETF Trading Up 0.1%

The firm’s 50 day simple moving average is $116.69 and its two-hundred day simple moving average is $115.91. The firm has a market cap of $6.96 billion and a price-to-earnings ratio of 28.96.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BOXX. Sound Income Strategies LLC bought a new stake in shares of Alpha Architect 1-3 Month Box ETF in the first quarter valued at approximately $58,000. Cornerstone Planning Group LLC grew its position in Alpha Architect 1-3 Month Box ETF by 131.5% during the first quarter. Cornerstone Planning Group LLC now owns 1,139 shares of the company’s stock worth $133,000 after buying an additional 647 shares in the last quarter. Fiduciary Alliance LLC bought a new position in Alpha Architect 1-3 Month Box ETF during the 1st quarter worth $205,000. Parallel Advisors LLC bought a new position in Alpha Architect 1-3 Month Box ETF during the 1st quarter worth $209,000. Finally, Atlantic Private Wealth LLC increased its stake in Alpha Architect 1-3 Month Box ETF by 10.5% during the 4th quarter. Atlantic Private Wealth LLC now owns 1,984 shares of the company’s stock worth $228,000 after acquiring an additional 188 shares during the period.

Alpha Architect 1-3 Month Box ETF Company Profile

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.