Cambria Value and Momentum ETF (BATS:VAMO) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Cambria Value and Momentum ETF (BATS:VAMO) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.24 and traded as high as $32.37. Cambria Value and Momentum ETF shares last traded at $32.36, with a volume of 1,517 shares.

Cambria Value and Momentum ETF Trading Down 0.4 %

The firm has a market cap of $69.28 million, a price-to-earnings ratio of 6.08 and a beta of 0.53. The firm’s 50-day moving average is $30.35 and its 200-day moving average is $29.27.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Delap Wealth Advisory LLC purchased a new stake in Cambria Value and Momentum ETF in the second quarter valued at approximately $256,000. ALM First Financial Advisors LLC lifted its position in Cambria Value and Momentum ETF by 0.6% in the third quarter. ALM First Financial Advisors LLC now owns 704,505 shares of the company’s stock valued at $20,914,000 after purchasing an additional 4,505 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in Cambria Value and Momentum ETF in the 3rd quarter worth $403,000.

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.