Cambria Value and Momentum ETF (BATS:VAMO) Shares Up 0.1% – What’s Next?

Cambria Value and Momentum ETF (BATS:VAMO)’s share price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $35.54 and last traded at $35.50. 863 shares traded hands during trading, a decline of 97% from the average session volume of 26,893 shares. The stock had previously closed at $35.45.

Cambria Value and Momentum ETF Stock Performance

The company has a market capitalization of $63.90 million, a PE ratio of 13.51 and a beta of 0.33. The company’s 50-day simple moving average is $35.27 and its 200-day simple moving average is $35.01.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC grew its position in Cambria Value and Momentum ETF by 5.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 11,541 shares of the company’s stock worth $394,000 after purchasing an additional 637 shares during the last quarter. LPL Financial LLC grew its position in Cambria Value and Momentum ETF by 3.4% during the 4th quarter. LPL Financial LLC now owns 109,332 shares of the company’s stock worth $3,732,000 after purchasing an additional 3,559 shares during the last quarter. Empowered Funds LLC grew its position in Cambria Value and Momentum ETF by 1.7% during the 1st quarter. Empowered Funds LLC now owns 373,942 shares of the company’s stock worth $13,267,000 after purchasing an additional 6,398 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Cambria Value and Momentum ETF during the 3rd quarter worth $364,000. Finally, Bravias Capital Group LLC lifted its stake in shares of 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 worth $5,137,000 after acquiring an additional 18,525 shares during the period.

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.