Cambria Value and Momentum ETF (BATS:VAMO) Trading 0.1% Higher – Should You Buy?

Cambria Value and Momentum ETF (BATS:VAMO)’s share price was up 0.1% on Tuesday . The company traded as high as $35.54 and last traded at $35.50. Approximately 863 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 26,893 shares. The stock had previously closed at $35.45.

Cambria Value and Momentum ETF Stock Performance

The business’s fifty day moving average price is $35.28 and its two-hundred day moving average price is $35.06. The stock has a market capitalization of $64.67 million, a P/E ratio of 13.51 and a beta of 0.33.

Institutional Trading of Cambria Value and Momentum ETF

Large investors have recently made changes to their positions in the business. Cambria Investment Management L.P. increased its holdings in shares of Cambria Value and Momentum ETF by 41.2% in the 3rd quarter. Cambria Investment Management L.P. now owns 625,547 shares of the company’s stock worth $19,713,000 after buying an additional 182,494 shares during the last quarter. Bravias Capital Group LLC increased its position in 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 valued at $5,137,000 after acquiring an additional 18,525 shares during the last quarter. Empowered Funds LLC increased its position in 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 acquiring an additional 184,497 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in Cambria Value and Momentum ETF by 5.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 11,541 shares of the company’s stock valued at $394,000 after acquiring an additional 637 shares during the last quarter. Finally, LPL Financial LLC increased its position in 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 acquiring an additional 3,559 shares during the last quarter.

About Cambria Value and Momentum ETF

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.