Cambria Value and Momentum ETF (BATS:VAMO) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Cambria Value and Momentum ETF (BATS:VAMOGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.24 and traded as high as $32.37. Cambria Value and Momentum ETF shares last traded at $32.36, with a volume of 1,517 shares trading hands.

Cambria Value and Momentum ETF Trading Down 0.7 %

The firm’s 50 day simple moving average is $30.29 and its 200-day simple moving average is $29.24. The stock has a market capitalization of $69.57 million, a price-to-earnings ratio of 6.08 and a beta of 0.53.

Institutional Trading of Cambria Value and Momentum ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Delap Wealth Advisory LLC acquired a new position in Cambria Value and Momentum ETF during the second quarter valued at approximately $256,000. Jane Street Group LLC acquired a new stake in shares of Cambria Value and Momentum ETF in the 3rd quarter valued at approximately $403,000. Finally, ALM First Financial Advisors LLC grew its stake in shares of Cambria Value and Momentum ETF by 0.6% in the third quarter. ALM First Financial Advisors LLC now owns 704,505 shares of the company’s stock valued at $20,914,000 after buying an additional 4,505 shares in the last quarter.

Cambria Value and Momentum ETF Company Profile

(Get Free Report)

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio.

Further Reading

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