Cambria Value and Momentum ETF (BATS:VAMO) Trading Down 3.3% – Here’s Why

Cambria Value and Momentum ETF (BATS:VAMO)’s stock price fell 3.3% during trading on Friday . The company traded as low as $30.36 and last traded at $29.47. 3,594 shares changed hands during mid-day trading, The stock had previously closed at $30.49.

Cambria Value and Momentum ETF Price Performance

The company has a fifty day moving average of $30.12 and a two-hundred day moving average of $30.10. The stock has a market capitalization of $54.52 million, a P/E ratio of 12.18 and a beta of 0.37.

Institutional Investors Weigh In On Cambria Value and Momentum ETF

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Cambria Value and Momentum ETF in the third quarter worth $403,000. LPL Financial LLC lifted its position in shares of Cambria Value and Momentum ETF by 4.7% in the 4th quarter. LPL Financial LLC now owns 85,224 shares of the company’s stock worth $2,537,000 after buying an additional 3,794 shares during the last quarter. Bravias Capital Group LLC acquired a new position in shares of Cambria Value and Momentum ETF in the 4th quarter valued at about $3,414,000. Finally, ALM First Financial Advisors LLC grew its position in shares of Cambria Value and Momentum ETF by 7.4% during the 4th quarter. ALM First Financial Advisors LLC now owns 756,884 shares of the company’s stock valued at $21,877,000 after buying an additional 52,379 shares during the last quarter.

About Cambria Value and Momentum ETF

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.