Sankala Group LLC Invests $650,000 in Alpha Architect U.S. Quantitative Momentum ETF $QMOM

Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,958 shares of the company’s stock, valued at approximately $650,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Opal Capital LLC acquired a new position in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $300,000. Baker Boyer National Bank boosted its position in Alpha Architect U.S. Quantitative Momentum ETF by 1.2% in the 4th quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock valued at $1,123,000 after buying an additional 199 shares during the last quarter. Finally, Advantage Trust Co increased its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 5.1% in the 4th quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after buying an additional 2,175 shares during the period.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

QMOM stock opened at $78.82 on Friday. The company has a market cap of $446.91 million, a P/E ratio of 27.79 and a beta of 1.05. Alpha Architect U.S. Quantitative Momentum ETF has a twelve month low of $60.24 and a twelve month high of $81.95. The business has a fifty day moving average of $77.50 and a 200-day moving average of $71.76.

About Alpha Architect U.S. Quantitative Momentum ETF

The Alpha Architect U.S. Quantitative Momentum ETF (QMOM) is an exchange-traded fund that is based on the QMOM-US – No underlying index. The fund is an active, equal-weighted portfolio of US stocks, screened for their strong and consistent momentum. QMOM was launched on Dec 2, 2015 and is issued by Alpha Architect.