Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) Stock Price Down 0.3% – Here’s What Happened

Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE)’s stock price dropped 0.3% during trading on Wednesday . The company traded as low as $23.86 and last traded at $23.88. 28,804 shares were traded during mid-day trading, a decline of 33% from the average session volume of 43,242 shares. The stock had previously closed at $23.94.

Alpha Architect High Inflation and Deflation ETF Trading Up 0.3%

The business’s 50 day simple moving average is $24.30 and its two-hundred day simple moving average is $23.79. The firm has a market capitalization of $112.21 million, a PE ratio of 31.94 and a beta of 0.08.

Institutional Trading of Alpha Architect High Inflation and Deflation ETF

An institutional investor recently raised its stake in Alpha Architect High Inflation and Deflation ETF stock. Ethos Financial Group LLC boosted its position in Alpha Architect High Inflation and Deflation ETF (NASDAQ:HIDE) by 43.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 234,673 shares of the company’s stock after purchasing an additional 71,145 shares during the period. Ethos Financial Group LLC owned about 7.93% of Alpha Architect High Inflation and Deflation ETF worth $5,333,000 as of its most recent SEC filing.

About Alpha Architect High Inflation and Deflation ETF

The Alpha Architect High Inflation & Deflation ETF (HIDE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that dynamically allocates its assets to US Treasury bonds, real estate, and commodities. The fund shifts exposure based on momentum and trend-following factors. HIDE was launched on Nov 17, 2022 and is issued by Alpha Architect.