AB California Intermediate Municipal ETF (NYSEARCA:CAM) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

AB California Intermediate Municipal ETF (NYSEARCA:CAM)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.13 and traded as high as $25.13. AB California Intermediate Municipal ETF shares last traded at $25.10, with a volume of 49,267 shares traded.

AB California Intermediate Municipal ETF Stock Up 0.1%

The firm has a 50-day simple moving average of $25.04 and a 200 day simple moving average of $25.13. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 7.78 and a beta of 0.14.

Institutional Trading of AB California Intermediate Municipal ETF

Large investors have recently bought and sold shares of the business. Diversify Wealth Management LLC purchased a new position in AB California Intermediate Municipal ETF during the 1st quarter worth $301,000. Sanctuary Advisors LLC purchased a new stake in shares of AB California Intermediate Municipal ETF in the first quarter valued at about $311,000. Retirement Planning Group LLC acquired a new stake in shares of AB California Intermediate Municipal ETF during the first quarter worth about $513,000. Fifth Third Bancorp purchased a new position in shares of AB California Intermediate Municipal ETF during the first quarter worth about $1,486,000. Finally, Planned Solutions Inc. acquired a new position in AB California Intermediate Municipal ETF in the 4th quarter valued at about $2,641,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

About AB California Intermediate Municipal ETF

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.