Cambria Value and Momentum ETF (BATS:VAMO) Trading 0.2% Higher – Here’s What Happened

Cambria Value and Momentum ETF (BATS:VAMOGet Free Report) shares rose 0.2% during trading on Monday . The stock traded as high as $36.56 and last traded at $36.56. 2,203 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 21,524 shares. The stock had previously closed at $36.47.

Cambria Value and Momentum ETF Trading Up 0.2%

The stock has a fifty day moving average of $35.71 and a two-hundred day moving average of $35.46. The stock has a market capitalization of $65.81 million, a price-to-earnings ratio of 13.51 and a beta of 0.33.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VAMO. CIBC Bancorp USA Inc. acquired a new position in Cambria Value and Momentum ETF during the 3rd quarter worth about $364,000. CIBC Private Wealth Group LLC raised its stake in shares of Cambria Value and Momentum ETF by 190.5% in the third quarter. CIBC Private Wealth Group LLC now owns 10,904 shares of the company’s stock worth $364,000 after acquiring an additional 7,151 shares during the last quarter. Bravias Capital Group LLC lifted its position in shares of Cambria Value and Momentum ETF by 14.0% during the fourth quarter. Bravias Capital Group LLC now owns 150,478 shares of the company’s stock worth $5,137,000 after purchasing an additional 18,525 shares in the last quarter. LPL Financial LLC lifted its position 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 worth $3,732,000 after purchasing an additional 3,559 shares in the last quarter. Finally, Empowered Funds LLC lifted its position 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 worth $12,546,000 after purchasing an additional 184,497 shares in the last quarter.

Cambria Value and Momentum ETF Company Profile

(Get Free Report)

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.

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