Cambria Value and Momentum ETF (BATS:VAMO) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of Cambria Value and Momentum ETF (BATS:VAMO) 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 changing hands.

Cambria Value and Momentum ETF Trading Down 0.7 %

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

Institutional Trading of Cambria Value and Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in shares of Cambria Value and Momentum ETF during the 3rd quarter worth approximately $403,000. Delap Wealth Advisory LLC bought a new position in Cambria Value and Momentum ETF during the second quarter worth $256,000. Finally, ALM First Financial Advisors LLC boosted its position in Cambria Value and Momentum ETF by 0.6% during the third quarter. ALM First Financial Advisors LLC now owns 704,505 shares of the company’s stock worth $20,914,000 after purchasing an additional 4,505 shares during the period.

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.