Cambria Value and Momentum ETF (BATS:VAMO) Stock Price Down 3.9% – Should You Sell?

Cambria Value and Momentum ETF (BATS:VAMO) traded down 3.9% on Monday . The company traded as low as $30.36 and last traded at $29.30. 3,594 shares were traded during trading, an increase of 4% from the average session volume of 3,466 shares. The stock had previously closed at $30.49.

Cambria Value and Momentum ETF Trading Down 3.8 %

The company has a 50 day moving average of $29.84 and a 200 day moving average of $30.12. The firm has a market cap of $54.28 million, a price-to-earnings ratio of 11.05 and a beta of 0.35.

Institutional Inflows and Outflows

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

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.