Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) Stock Price Down 1.2% – Here’s What Happened

Alpha Architect International Quantitative Value ETF (NASDAQ:IVAL) dropped 1.2% on Friday. The company traded as low as $36.14 and last traded at $36.19. Approximately 26,091 shares were traded during trading, an increase of 50% from the average daily volume of 17,425 shares. The stock had previously closed at $36.62.

Alpha Architect International Quantitative Value ETF Price Performance

The company has a 50 day simple moving average of $36.65 and a 200-day simple moving average of $35.51. The stock has a market cap of $224.38 million, a P/E ratio of 10.88 and a beta of 0.76.

Alpha Architect International Quantitative Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a dividend of $0.2068 per share. This is a drop from Alpha Architect International Quantitative Value ETF’s previous quarterly dividend of $0.3985. The ex-dividend date was Monday, September 28th. This represents a $0.83 annualized dividend and a dividend yield of 2.3%.

Alpha Architect International Quantitative Value ETF Company Profile

The Alpha Architect International Quantitative Value ETF (IVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of developed-market ex-US value stocks, screened for forensic accounting and earnings quality. IVAL was launched on Dec 17, 2014 and is issued by Alpha Architect.