Cambria Value and Momentum ETF (BATS:VAMO) Shares Up 0.1% – Here’s What Happened

Cambria Value and Momentum ETF (BATS:VAMO) was up 0.1% during mid-day trading on Wednesday . The stock traded as high as $35.48 and last traded at $35.48. Approximately 3,331 shares changed hands during trading, a decline of 36% from the average daily volume of 5,217 shares. The stock had previously closed at $35.46.

Cambria Value and Momentum ETF Stock Up 0.1%

The company has a 50 day simple moving average of $35.33 and a 200-day simple moving average of $34.38. The stock has a market cap of $63.86 million, a price-to-earnings ratio of 13.51 and a beta of 0.33.

Institutional Trading of Cambria Value and Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. CIBC Bancorp USA Inc. acquired a new stake in Cambria Value and Momentum ETF during the third quarter valued at approximately $364,000. CIBC Private Wealth Group LLC grew its holdings in shares of Cambria Value and Momentum ETF by 190.5% during the third quarter. CIBC Private Wealth Group LLC now owns 10,904 shares of the company’s stock valued at $364,000 after purchasing an additional 7,151 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Cambria Value and Momentum ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 109,332 shares of the company’s stock valued at $3,732,000 after purchasing an additional 3,559 shares during the last quarter. Bravias Capital Group LLC grew its holdings in shares of Cambria Value and Momentum ETF by 13.3% during the third quarter. Bravias Capital Group LLC now owns 131,953 shares of the company’s stock valued at $4,406,000 after purchasing an additional 15,448 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of Cambria Value and Momentum ETF by 100.8% during the fourth quarter. Empowered Funds LLC now owns 367,544 shares of the company’s stock valued at $12,546,000 after purchasing an additional 184,497 shares during the last quarter.

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. VAMO was launched on Sep 9, 2015 and is managed by Cambria.