Cambria Value and Momentum ETF (BATS:VAMO) Stock Price Down 0.5% – Here’s What Happened

Cambria Value and Momentum ETF (BATS:VAMO)’s stock price was down 0.5% during trading on Tuesday . The stock traded as low as $29.30 and last traded at $29.57. Approximately 651 shares changed hands during mid-day trading, The stock had previously closed at $29.71.

Cambria Value and Momentum ETF Stock Down 0.3 %

The company has a market cap of $63.76 million, a P/E ratio of 6.08 and a beta of 0.53. The stock has a 50 day moving average price of $29.41 and a two-hundred day moving average price of $28.95.

Institutional Trading of Cambria Value and Momentum ETF

A hedge fund recently raised its stake in Cambria Value and Momentum ETF stock. ALM First Financial Advisors LLC raised its position in shares of Cambria Value and Momentum ETF (BATS:VAMO) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 704,505 shares of the company’s stock after purchasing an additional 4,505 shares during the period. Cambria Value and Momentum ETF makes up approximately 4.9% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest position. ALM First Financial Advisors LLC owned 32.77% of Cambria Value and Momentum ETF worth $20,914,000 at the end of the most recent 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.