Cambria Tax Aware ETF (NASDAQ:TAX) Shares Down 0.4% – Should You Sell?

Cambria Tax Aware ETF (NASDAQ:TAX) was down 0.4% during trading on Thursday . The company traded as low as $30.77 and last traded at $30.77. 377 shares traded hands during trading, a decline of 84% from the average session volume of 2,319 shares. The stock had previously closed at $30.88.

Cambria Tax Aware ETF Trading Down 0.5%

The stock has a market capitalization of $25.41 million, a PE ratio of 38.27 and a beta of 0.92. The firm’s fifty day moving average price is $30.54 and its two-hundred day moving average price is $29.31.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. acquired a new position in Cambria Tax Aware ETF (NASDAQ:TAX) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned 1.38% of Cambria Tax Aware ETF as of its most recent filing with the Securities & Exchange Commission. 49.01% of the stock is owned by institutional investors and hedge funds.

Cambria Tax Aware ETF Company Profile

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.