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

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

Cambria Value and Momentum ETF Trading Down 3.3 %

The business has a fifty day moving average price of $30.12 and a two-hundred day moving average price of $30.10. The company has a market cap of $54.52 million, a price-to-earnings ratio of 12.18 and a beta of 0.37.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in VAMO. Jane Street Group LLC acquired a new stake in shares of Cambria Value and Momentum ETF during the 3rd quarter valued at $403,000. LPL Financial LLC raised its holdings in shares of Cambria Value and Momentum ETF by 4.7% during the fourth quarter. LPL Financial LLC now owns 85,224 shares of the company’s stock worth $2,537,000 after acquiring an additional 3,794 shares in the last quarter. Bravias Capital Group LLC purchased a new stake in shares of Cambria Value and Momentum ETF during the fourth quarter worth $3,414,000. Finally, ALM First Financial Advisors LLC boosted its position in Cambria Value and Momentum ETF by 7.4% during the fourth 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 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.