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

Alpha Architect 1-3 Month Box ETF (BATS:BOXX) reached a new 52-week high on Monday . The company traded as high as $117.97 and last traded at $117.96, with a volume of 369299 shares trading hands. The stock had previously closed at $117.96.

Alpha Architect 1-3 Month Box ETF Stock Performance

The company has a fifty day simple moving average of $117.46 and a two-hundred day simple moving average of $116.69. The stock has a market capitalization of $7.01 billion and a price-to-earnings ratio of 28.96.

Institutional Investors Weigh In On Alpha Architect 1-3 Month Box ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Atlantic Private Wealth LLC increased its holdings in Alpha Architect 1-3 Month Box ETF by 10.5% in the fourth quarter. Atlantic Private Wealth LLC now owns 1,984 shares of the company’s stock valued at $228,000 after purchasing an additional 188 shares during the period. Sound Income Strategies LLC bought a new position in Alpha Architect 1-3 Month Box ETF during the 1st quarter worth $58,000. Cornerstone Planning Group LLC raised its position in Alpha Architect 1-3 Month Box ETF by 131.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,139 shares of the company’s stock worth $133,000 after purchasing an additional 647 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Alpha Architect 1-3 Month Box ETF by 1.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 54,675 shares of the company’s stock worth $6,358,000 after buying an additional 760 shares during the period. Finally, Fiduciary Alliance LLC acquired a new position in Alpha Architect 1-3 Month Box ETF during the 1st quarter worth about $205,000.

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.