Vanguard U.S. Momentum Factor ETF $VFMO Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. cut its position in shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) by 53.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 159,160 shares of the company’s stock after selling 184,324 shares during the period. Great Valley Advisor Group Inc.’s holdings in Vanguard U.S. Momentum Factor ETF were worth $30,439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. North Star Investment Management Corp. acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth $62,000. PNC Financial Services Group Inc. acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth $76,000. High Note Wealth LLC acquired a new position in Vanguard U.S. Momentum Factor ETF during the fourth quarter worth $91,000. City State Bank raised its holdings in Vanguard U.S. Momentum Factor ETF by 420.0% during the fourth quarter. City State Bank now owns 520 shares of the company’s stock worth $99,000 after purchasing an additional 420 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in Vanguard U.S. Momentum Factor ETF during the third quarter worth $179,000.

Vanguard U.S. Momentum Factor ETF Stock Performance

Shares of VFMO stock opened at $235.35 on Friday. The stock has a fifty day moving average price of $223.22 and a 200 day moving average price of $208.00. The stock has a market cap of $1.49 billion, a PE ratio of 22.24 and a beta of 1.08. Vanguard U.S. Momentum Factor ETF has a 1 year low of $163.88 and a 1 year high of $239.10.

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.