Cambria Value and Momentum ETF (BATS:VAMO) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Cambria Value and Momentum ETF (BATS:VAMO)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $29.36 and traded as high as $31.97. Cambria Value and Momentum ETF shares last traded at $31.90, with a volume of 27,100 shares trading hands.

Cambria Value and Momentum ETF Stock Down 0.7 %

The company has a market cap of $68.59 million, a P/E ratio of 6.08 and a beta of 0.53. The stock’s 50-day moving average price is $30.60 and its 200 day moving average price is $29.36.

Hedge Funds Weigh In On Cambria Value and Momentum ETF

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in shares of Cambria Value and Momentum ETF in the third quarter worth $403,000. ALM First Financial Advisors LLC grew its stake in shares of 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 worth $20,914,000 after acquiring an additional 4,505 shares during the last quarter. Finally, Delap Wealth Advisory LLC acquired a new stake in shares of Cambria Value and Momentum ETF in the second quarter worth $256,000.

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.