Cambria Value and Momentum ETF (BATS:VAMO) Trading Down 3.9% – Here’s What Happened

Shares of Cambria Value and Momentum ETF (BATS:VAMO) fell 3.9% during mid-day trading on Monday . The company traded as low as $30.36 and last traded at $29.30. 3,594 shares traded hands during trading, an increase of 4% from the average session volume of 3,466 shares. The stock had previously closed at $30.49.

Cambria Value and Momentum ETF Stock Performance

The company has a market cap of $54.21 million, a PE ratio of 11.05 and a beta of 0.35. The company has a fifty day moving average of $29.85 and a two-hundred day moving average of $30.11.

Institutional Investors Weigh In On Cambria Value and Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC increased its position 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 during the period. Jane Street Group LLC bought a new position in Cambria Value and Momentum ETF during the 3rd quarter worth about $403,000. ALM First Financial Advisors LLC increased its position in Cambria Value and Momentum ETF by 7.4% during the 4th 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 period. Finally, Bravias Capital Group LLC bought a new stake in shares of Cambria Value and Momentum ETF in the 4th quarter valued at about $3,414,000.

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.