Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Reaches New 12-Month High – Should You Buy?

Shares of Alpha Architect 1-3 Month Box ETF (BATS:BOXX) hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $118.76 and last traded at $118.7750, with a volume of 3,542,192 shares traded. The stock had previously closed at $118.76.

Alpha Architect 1-3 Month Box ETF Stock Performance

The company has a 50-day simple moving average of $118.28 and a two-hundred day simple moving average of $117.47. The stock has a market cap of $7.06 billion and a price-to-earnings ratio of 28.96.

Hedge Funds Weigh In On Alpha Architect 1-3 Month Box ETF

A number of large investors have recently modified their holdings of BOXX. Stillwater Private Wealth LLC acquired a new stake in shares of Alpha Architect 1-3 Month Box ETF in the first quarter valued at $14,162,000. Ethos Financial Group LLC raised its holdings in Alpha Architect 1-3 Month Box ETF by 27.2% in the first quarter. Ethos Financial Group LLC now owns 404,551 shares of the company’s stock valued at $47,044,000 after buying an additional 86,610 shares during the period. AdvisorShares Investments LLC acquired a new position in shares of Alpha Architect 1-3 Month Box ETF in the 1st quarter valued at approximately $8,140,000. Beacon Financial Group grew its holdings in shares of Alpha Architect 1-3 Month Box ETF by 121.0% during the first quarter. Beacon Financial Group now owns 69,055 shares of the company’s stock valued at $8,030,000 after purchasing an additional 37,813 shares during the last quarter. Finally, Wedbush Securities Inc. acquired a new stake in Alpha Architect 1-3 Month Box ETF in the 3rd quarter valued at about $2,017,000.

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.