Cambria Value and Momentum ETF (BATS:VAMO) Shares Pass Above 200-Day Moving Average – Should You Sell?

Cambria Value and Momentum ETF (BATS:VAMO) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $29.36 and traded as high as $31.97. Cambria Value and Momentum ETF shares last traded at $31.90, with a volume of 27,100 shares traded.

Cambria Value and Momentum ETF Stock Performance

The firm has a 50-day moving average of $30.65 and a 200-day moving average of $29.38. The firm has a market capitalization of $67.79 million, a P/E ratio of 6.08 and a beta of 0.53.

Hedge Funds Weigh In On Cambria Value and Momentum ETF

Several institutional investors and hedge funds have recently bought and sold shares of VAMO. ALM First Financial Advisors LLC boosted its stake in shares of Cambria Value and Momentum ETF by 0.6% in the third quarter. ALM First Financial Advisors LLC now owns 704,505 shares of the company’s stock worth $20,914,000 after acquiring an additional 4,505 shares during the period. Delap Wealth Advisory LLC bought a new stake in shares of Cambria Value and Momentum ETF during the second quarter worth $256,000. Finally, Jane Street Group LLC purchased a new stake in shares of Cambria Value and Momentum ETF in the 3rd quarter worth $403,000.

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.