Cambria Value and Momentum ETF (BATS:VAMO) Shares Up 0.2% – Here’s What Happened

Cambria Value and Momentum ETF (BATS:VAMO)’s share price was up 0.2% during mid-day trading on Monday . The company traded as high as $36.56 and last traded at $36.56. 2,203 shares were traded during trading, a decline of 90% from the average session volume of 21,524 shares. The stock had previously closed at $36.47.

Cambria Value and Momentum ETF Stock Down 0.2%

The stock has a market capitalization of $65.83 million, a P/E ratio of 13.51 and a beta of 0.33. The firm’s 50 day simple moving average is $35.75 and its two-hundred day simple moving average is $35.48.

Institutional Trading of Cambria Value and Momentum ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC lifted its stake in shares of Cambria Value and Momentum ETF by 5.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 11,541 shares of the company’s stock valued at $394,000 after buying an additional 637 shares in the last quarter. LPL Financial LLC increased its position in shares of Cambria Value and Momentum ETF by 3.4% during 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. Empowered Funds LLC raised its holdings in shares of Cambria Value and Momentum ETF by 1.7% in the 1st quarter. Empowered Funds LLC now owns 373,942 shares of the company’s stock worth $13,267,000 after acquiring an additional 6,398 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Cambria Value and Momentum ETF in the 3rd quarter worth about $364,000. Finally, Bravias Capital Group LLC lifted its position in Cambria Value and Momentum ETF by 14.0% in the 4th quarter. Bravias Capital Group LLC now owns 150,478 shares of the company’s stock valued at $5,137,000 after acquiring an additional 18,525 shares in the last quarter.

Cambria Value and Momentum ETF Company Profile

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.