AB California Intermediate Municipal ETF (NYSEARCA:CAM) Hits New 52-Week Low – Time to Sell?

AB California Intermediate Municipal ETF (NYSEARCA:CAMGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $24.70 and last traded at $24.70, with a volume of 2879 shares trading hands. The stock had previously closed at $24.88.

AB California Intermediate Municipal ETF Price Performance

The stock has a market capitalization of $1.21 billion, a P/E ratio of 7.70 and a beta of -0.24. The firm has a 50 day moving average of $24.99 and a 200-day moving average of $25.08.

Institutional Trading of AB California Intermediate Municipal ETF

Institutional investors have recently modified their holdings of the company. Diversify Wealth Management LLC bought a new stake in shares of AB California Intermediate Municipal ETF during the first quarter valued at approximately $301,000. Sanctuary Advisors LLC bought a new position in AB California Intermediate Municipal ETF in the first quarter worth $311,000. Retirement Planning Group LLC acquired a new stake in AB California Intermediate Municipal ETF during the first quarter worth $513,000. Fifth Third Bancorp acquired a new stake in AB California Intermediate Municipal ETF during the first quarter worth $1,486,000. Finally, Planned Solutions Inc. acquired a new stake in AB California Intermediate Municipal ETF during the fourth quarter worth $2,641,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

AB California Intermediate Municipal ETF Company Profile

(Get Free Report)

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.

Further Reading

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