Ethos Financial Group LLC Reduces Holdings in Alpha Architect U.S. Quantitative Momentum ETF $QMOM

Ethos Financial Group LLC decreased its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) by 29.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 71,706 shares of the company’s stock after selling 30,480 shares during the quarter. Ethos Financial Group LLC’s holdings in Alpha Architect U.S. Quantitative Momentum ETF were worth $4,898,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of QMOM. Opal Capital LLC purchased a new stake in Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter valued at $300,000. Sankala Group LLC purchased a new position in shares of Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter worth $650,000. Baker Boyer National Bank boosted its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% during the 4th quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock valued at $1,123,000 after acquiring an additional 199 shares during the last quarter. Finally, Advantage Trust Co boosted its position in shares of Alpha Architect U.S. Quantitative Momentum ETF by 5.1% during the 4th quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock valued at $2,918,000 after acquiring an additional 2,175 shares during the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

Alpha Architect U.S. Quantitative Momentum ETF stock opened at $76.13 on Wednesday. The firm has a 50 day simple moving average of $78.05 and a 200-day simple moving average of $73.17. The stock has a market cap of $429.37 million, a price-to-earnings ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a 1-year low of $60.24 and a 1-year high of $81.95.

Alpha Architect U.S. Quantitative Momentum ETF Profile

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.