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

Alpha Architect 1-3 Month Box ETF (BATS:BOXX) shares reached a new 52-week high during trading on Monday . The stock traded as high as $116.02 and last traded at $116.00, with a volume of 882382 shares changing hands. The stock had previously closed at $116.01.

Alpha Architect 1-3 Month Box ETF Stock Performance

The firm’s 50-day moving average is $115.57 and its two-hundred day moving average is $114.71. The stock has a market cap of $6.90 billion and a P/E ratio of 28.96.

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

Several hedge funds have recently added to or reduced their stakes in BOXX. Kalehua Capital Management LLC acquired a new stake in Alpha Architect 1-3 Month Box ETF in the fourth quarter worth about $26,564,000. Titleist Asset Management LLC acquired a new position in Alpha Architect 1-3 Month Box ETF in the second quarter valued at approximately $23,282,000. Sunbelt Securities Inc. lifted its holdings in Alpha Architect 1-3 Month Box ETF by 212.5% in the third quarter. Sunbelt Securities Inc. now owns 184,400 shares of the company’s stock valued at $20,996,000 after buying an additional 125,400 shares during the period. Farther Finance Advisors LLC boosted its stake in Alpha Architect 1-3 Month Box ETF by 447.4% in the fourth quarter. Farther Finance Advisors LLC now owns 109,765 shares of the company’s stock valued at $12,634,000 after acquiring an additional 89,713 shares during the last quarter. Finally, Opus Capital Group LLC boosted its stake in Alpha Architect 1-3 Month Box ETF by 33.4% in the fourth quarter. Opus Capital Group LLC now owns 265,621 shares of the company’s stock valued at $30,573,000 after acquiring an additional 66,460 shares during the last quarter.

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.