Cambria Value and Momentum ETF (BATS:VAMO) Stock Price Down 0.7% – Time to Sell?

Cambria Value and Momentum ETF (BATS:VAMO) shares traded down 0.7% on Friday . The company traded as low as $30.36 and last traded at $30.28. 3,594 shares were traded during mid-day trading, The stock had previously closed at $30.49.

Cambria Value and Momentum ETF Stock Down 0.7 %

The stock’s 50 day moving average price is $30.51 and its 200-day moving average price is $30.00. The stock has a market capitalization of $65.10 million, a PE ratio of 6.08 and a beta of 0.53.

Institutional Trading of Cambria Value and Momentum ETF

Several institutional investors have recently made changes to their positions in the business. Bravias Capital Group LLC purchased a new stake in Cambria Value and Momentum ETF in the 4th quarter worth $3,414,000. ALM First Financial Advisors LLC increased its holdings in shares of Cambria Value and Momentum ETF by 7.4% in the fourth quarter. ALM First Financial Advisors LLC now owns 756,884 shares of the company’s stock worth $21,877,000 after purchasing an additional 52,379 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Cambria Value and Momentum ETF in the third quarter worth about $403,000.

About Cambria Value and Momentum ETF

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.