Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $157.29 and traded as high as $179.45. Vanguard U.S. Momentum Factor ETF shares last traded at $177.13, with a volume of 74,449 shares traded.

Vanguard U.S. Momentum Factor ETF Trading Down 0.6 %

The company has a 50-day moving average price of $166.75 and a two-hundred day moving average price of $157.29. The stock has a market capitalization of $602.24 million, a P/E ratio of 15.83 and a beta of 1.31.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Redhawk Wealth Advisors Inc. acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at about $770,000. AdvisorNet Financial Inc grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 414.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,878 shares of the company’s stock valued at $282,000 after buying an additional 1,513 shares during the period. Journey Advisory Group LLC grew its stake in shares of Vanguard U.S. Momentum Factor ETF by 4.8% in the 2nd quarter. Journey Advisory Group LLC now owns 35,160 shares of the company’s stock valued at $5,281,000 after buying an additional 1,614 shares during the period. Mather Group LLC. acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at about $75,000. Finally, Pacific Sun Financial Corp acquired a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 3rd quarter valued at about $212,000.

Vanguard U.S. Momentum Factor ETF Company Profile

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.