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

Ethos Financial Group LLC decreased its position in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) by 29.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,706 shares of the company’s stock after selling 30,480 shares during the period. Ethos Financial Group LLC owned approximately 1.26% of Alpha Architect U.S. Quantitative Momentum ETF worth $4,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sankala Group LLC acquired a new stake in Alpha Architect U.S. Quantitative Momentum ETF during the 4th quarter valued at approximately $650,000. Opal Capital LLC acquired a new stake in shares of Alpha Architect U.S. Quantitative Momentum ETF in the fourth quarter worth $300,000. Advantage Trust Co increased its stake in shares of Alpha Architect U.S. Quantitative Momentum ETF by 5.1% in the fourth quarter. Advantage Trust Co now owns 44,688 shares of the company’s stock worth $2,918,000 after acquiring an additional 2,175 shares during the period. Finally, Baker Boyer National Bank raised its holdings in shares of Alpha Architect U.S. Quantitative Momentum ETF by 1.2% during the fourth quarter. Baker Boyer National Bank now owns 17,193 shares of the company’s stock worth $1,123,000 after purchasing an additional 199 shares during the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Stock Performance

Shares of QMOM opened at $76.13 on Wednesday. The business’s 50-day moving average is $78.05 and its two-hundred day moving average is $73.17. The company has a market capitalization of $429.37 million, a P/E ratio of 27.79 and a beta of 1.06. Alpha Architect U.S. Quantitative Momentum ETF has a fifty-two week low of $60.24 and a fifty-two week 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.