Cambria Value and Momentum ETF (BATS:VAMO) Shares Down 3.9% – Should You Sell?

Cambria Value and Momentum ETF (BATS:VAMO)’s stock price fell 3.9% during mid-day trading on Monday . The stock traded as low as $30.36 and last traded at $29.30. 3,594 shares changed hands during mid-day 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 stock has a 50 day simple moving average of $29.85 and a two-hundred day simple moving average of $30.11. The firm has a market cap of $54.21 million, a PE ratio of 11.05 and a beta of 0.35.

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 stock. Jane Street Group LLC purchased a new stake in Cambria Value and Momentum ETF during the third quarter worth about $403,000. ALM First Financial Advisors LLC raised its holdings in shares of Cambria Value and Momentum ETF by 7.4% in 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 in the last quarter. Bravias Capital Group LLC acquired a new stake in Cambria Value and Momentum ETF in the fourth quarter valued at $3,414,000. Finally, LPL Financial LLC lifted its position in shares of Cambria Value and Momentum ETF by 4.7% during the 4th quarter. LPL Financial LLC now owns 85,224 shares of the company’s stock worth $2,537,000 after buying an additional 3,794 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.