Alpha Architect 1-3 Month Box ETF (BATS:BOXX) Sets New 52-Week High – Still a Buy?

Alpha Architect 1-3 Month Box ETF (BATS:BOXX)’s stock price reached a new 52-week high on Monday . The stock traded as high as $116.05 and last traded at $116.05, with a volume of 468490 shares changing hands. The stock had previously closed at $116.03.

Alpha Architect 1-3 Month Box ETF Price Performance

The stock’s fifty day moving average price is $115.65 and its 200-day moving average price is $114.80. The firm has a market cap of $6.90 billion and a price-to-earnings ratio of 28.96.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Landing Point Financial Group LLC lifted its position in Alpha Architect 1-3 Month Box ETF by 1.8% during the 3rd quarter. Landing Point Financial Group LLC now owns 10,452 shares of the company’s stock worth $1,190,000 after buying an additional 180 shares in the last quarter. Atlantic Private Wealth LLC increased its stake in shares of Alpha Architect 1-3 Month Box ETF by 11.7% in the 3rd quarter. Atlantic Private Wealth LLC now owns 1,796 shares of the company’s stock valued at $204,000 after acquiring an additional 188 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of Alpha Architect 1-3 Month Box ETF during the third quarter worth $34,000. Valeo Financial Advisors LLC lifted its holdings in Alpha Architect 1-3 Month Box ETF by 41.6% during the second quarter. Valeo Financial Advisors LLC now owns 4,422 shares of the company’s stock worth $498,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Aspect Partners LLC raised its position in shares of Alpha Architect 1-3 Month Box ETF by 1.5% during the fourth quarter. Aspect Partners LLC now owns 103,155 shares of the company’s stock worth $11,873,000 after purchasing an additional 1,535 shares during the period.

Alpha Architect 1-3 Month Box ETF Company Profile

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.