Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) Sees Large Volume Increase – Here’s What Happened

Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) saw strong trading volume on Wednesday . 42,012 shares traded hands during trading, an increase of 68% from the previous session’s volume of 25,009 shares.The stock last traded at $53.91 and had previously closed at $52.24.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

The company has a market cap of $505.22 million, a PE ratio of 11.60 and a beta of 1.02. The stock has a 50 day moving average of $52.36 and a 200-day moving average of $49.60.

Alpha Architect U.S. Quantitative Value ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a $0.2101 dividend. The ex-dividend date was Monday, March 30th.

Hedge Funds Weigh In On Alpha Architect U.S. Quantitative Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QVAL. Ethos Financial Group LLC raised its stake in Alpha Architect U.S. Quantitative Value ETF by 7.1% in the 3rd quarter. Ethos Financial Group LLC now owns 263,062 shares of the company’s stock worth $12,272,000 after acquiring an additional 17,365 shares during the last quarter. Baker Boyer National Bank lifted its stake in Alpha Architect U.S. Quantitative Value ETF by 3.7% during the 3rd quarter. Baker Boyer National Bank now owns 25,070 shares of the company’s stock valued at $1,170,000 after acquiring an additional 899 shares during the period. JPMorgan Chase & Co. acquired a new stake in Alpha Architect U.S. Quantitative Value ETF during the 3rd quarter valued at approximately $97,000. Finally, Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Value ETF during the 4th quarter valued at approximately $664,000.

About Alpha Architect U.S. Quantitative Value ETF

The Alpha Architect US Quantitative Value ETF (QVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of US value stocks, screened for forensic accounting and earnings quality. QVAL was launched on Oct 22, 2014 and is issued by Alpha Architect.