Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Vanguard U.S. Momentum Factor ETF (BATS:VFMO) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $158.55 and traded as high as $173.98. Vanguard U.S. Momentum Factor ETF shares last traded at $172.44, with a volume of 63,894 shares traded.

Vanguard U.S. Momentum Factor ETF Stock Performance

The business has a 50 day simple moving average of $168.97 and a 200-day simple moving average of $158.55. The firm has a market cap of $586.30 million, a price-to-earnings ratio of 15.83 and a beta of 1.31.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VFMO. Ritholtz Wealth Management lifted its stake in Vanguard U.S. Momentum Factor ETF by 2.8% during the 3rd quarter. Ritholtz Wealth Management now owns 431,899 shares of the company’s stock valued at $69,514,000 after acquiring an additional 11,880 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Vanguard U.S. Momentum Factor ETF by 30,610.5% during the third quarter. International Assets Investment Management LLC now owns 414,285 shares of the company’s stock worth $66,679,000 after purchasing an additional 412,936 shares during the last quarter. Davidson Investment Advisors boosted its holdings in Vanguard U.S. Momentum Factor ETF by 2.1% during the second quarter. Davidson Investment Advisors now owns 207,576 shares of the company’s stock worth $31,178,000 after purchasing an additional 4,256 shares during the last quarter. Systelligence LLC bought a new stake in Vanguard U.S. Momentum Factor ETF in the 2nd quarter worth about $13,341,000. Finally, Schulz Wealth LTD. increased its stake in Vanguard U.S. Momentum Factor ETF by 3.6% in the 3rd quarter. Schulz Wealth LTD. now owns 84,433 shares of the company’s stock valued at $13,589,000 after buying an additional 2,970 shares during the last quarter.

About Vanguard U.S. Momentum Factor ETF

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.