Advantage Trust Co Makes New $912,000 Investment in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM)

Advantage Trust Co purchased a new stake in Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 14,215 shares of the company’s stock, valued at approximately $912,000. Alpha Architect U.S. Quantitative Momentum ETF accounts for approximately 0.5% of Advantage Trust Co’s holdings, making the stock its 19th largest holding.

A number of other institutional investors have also recently modified their holdings of QMOM. Baker Boyer National Bank raised its stake in Alpha Architect U.S. Quantitative Momentum ETF by 2.3% during the fourth quarter. Baker Boyer National Bank now owns 10,868 shares of the company’s stock worth $697,000 after acquiring an additional 245 shares in the last quarter. Fifth Third Securities Inc. bought a new position in Alpha Architect U.S. Quantitative Momentum ETF in the 4th quarter valued at approximately $421,000. Finally, Aspect Partners LLC boosted its position in Alpha Architect U.S. Quantitative Momentum ETF by 157.8% in the fourth quarter. Aspect Partners LLC now owns 1,312 shares of the company’s stock valued at $84,000 after buying an additional 803 shares in the last quarter.

Alpha Architect U.S. Quantitative Momentum ETF Price Performance

QMOM opened at $63.12 on Friday. Alpha Architect U.S. Quantitative Momentum ETF has a fifty-two week low of $53.34 and a fifty-two week high of $72.19. The company’s 50 day moving average price is $66.54 and its two-hundred day moving average price is $65.22. The firm has a market capitalization of $306.76 million, a price-to-earnings ratio of 11.02 and a beta of 1.08.

Alpha Architect U.S. Quantitative Momentum ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a $0.9009 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

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.