Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Hits New 52-Week High – Should You Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX) hit a new 52-week high on Tuesday . The company traded as high as $116.43 and last traded at $116.42, with a volume of 2060047 shares. The stock had previously closed at $116.39.

Alpha Architect 1-3 Month Box ETF Stock Performance

The business has a 50 day moving average price of $116.04 and a two-hundred day moving average price of $115.20. The stock has a market cap of $6.92 billion and a PE ratio of 28.96.

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

A number of hedge funds and other institutional investors have recently modified their holdings of BOXX. Janney Montgomery Scott LLC lifted its stake in Alpha Architect 1-3 Month Box ETF by 1.4% in the first quarter. Janney Montgomery Scott LLC now owns 54,675 shares of the company’s stock valued at $6,358,000 after purchasing an additional 760 shares during the last quarter. Fiduciary Alliance LLC purchased a new position in Alpha Architect 1-3 Month Box ETF in the first quarter valued at approximately $205,000. Longview Financial Advisors Inc. lifted its stake in Alpha Architect 1-3 Month Box ETF by 8.3% in the first quarter. Longview Financial Advisors Inc. now owns 80,928 shares of the company’s stock valued at $9,411,000 after purchasing an additional 6,177 shares during the last quarter. Captrust Financial Advisors lifted its stake in Alpha Architect 1-3 Month Box ETF by 293.0% in the fourth quarter. Captrust Financial Advisors now owns 48,479 shares of the company’s stock valued at $5,580,000 after purchasing an additional 36,142 shares during the last quarter. Finally, Kalehua Capital Management LLC purchased a new position in Alpha Architect 1-3 Month Box ETF in the fourth quarter valued at approximately $26,564,000.

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.