Cambria Value and Momentum ETF (BATS:VAMO) Shares Up 0.2% – Still a Buy?

Cambria Value and Momentum ETF (BATS:VAMO)’s share price traded up 0.2% during mid-day trading on Tuesday . The stock traded as high as $31.35 and last traded at $31.35. 728 shares traded hands during mid-day trading, The stock had previously closed at $31.29.

Cambria Value and Momentum ETF Stock Up 0.2 %

The company has a 50 day moving average price of $29.90 and a 200-day moving average price of $29.13. The company has a market cap of $67.40 million, a price-to-earnings ratio of 6.08 and a beta of 0.53.

Institutional Trading of Cambria Value and Momentum ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ALM First Financial Advisors LLC increased its position in Cambria Value and Momentum ETF by 0.6% during the 3rd quarter. ALM First Financial Advisors LLC now owns 704,505 shares of the company’s stock valued at $20,914,000 after purchasing an additional 4,505 shares during the period. Delap Wealth Advisory LLC acquired a new stake in Cambria Value and Momentum ETF during the 2nd quarter valued at approximately $256,000. Finally, Jane Street Group LLC acquired a new stake in Cambria Value and Momentum ETF during the 3rd quarter valued at approximately $403,000.

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.