Cambria Value and Momentum ETF (BATS:VAMO) Trading 0.2% Higher – What’s Next?

Cambria Value and Momentum ETF (BATS:VAMO) shares traded up 0.2% during trading on Tuesday . The stock traded as high as $37.54 and last traded at $36.68. Approximately 841 shares changed hands during trading, a decline of 96% from the average session volume of 23,903 shares. The stock had previously closed at $36.62.

Cambria Value and Momentum ETF Stock Performance

The company has a market capitalization of $66.60 million, a price-to-earnings ratio of 13.51 and a beta of 0.33. The firm has a 50-day simple moving average of $36.49 and a two-hundred day simple moving average of $35.70.

Institutional Investors Weigh In On Cambria Value and Momentum ETF

Large investors have recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. acquired a new stake in Cambria Value and Momentum ETF during the 3rd quarter worth approximately $364,000. CIBC Private Wealth Group LLC grew its stake in shares of Cambria Value and Momentum ETF by 190.5% in the third quarter. CIBC Private Wealth Group LLC now owns 10,904 shares of the company’s stock worth $364,000 after acquiring an additional 7,151 shares in the last quarter. LPL Financial LLC grew its stake in shares of Cambria Value and Momentum ETF by 3.4% in the fourth quarter. LPL Financial LLC now owns 109,332 shares of the company’s stock worth $3,732,000 after acquiring an additional 3,559 shares in the last quarter. Bravias Capital Group LLC raised its stake in shares of Cambria Value and Momentum ETF by 16.1% in the first quarter. Bravias Capital Group LLC now owns 174,706 shares of the company’s stock valued at $6,199,000 after acquiring an additional 24,228 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Cambria Value and Momentum ETF by 100.8% in the fourth quarter. Empowered Funds LLC now owns 367,544 shares of the company’s stock valued at $12,546,000 after acquiring an additional 184,497 shares in the last quarter.

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. VAMO was launched on Sep 9, 2015 and is managed by Cambria.