Cambria Value and Momentum ETF (BATS:VAMO) Trading Up 0.3% – Should You Buy?

Cambria Value and Momentum ETF (BATS:VAMO) shares shot up 0.3% during mid-day trading on Thursday . The company traded as high as $29.85 and last traded at $29.85. 667 shares were traded during trading, The stock had previously closed at $29.75.

Cambria Value and Momentum ETF Price Performance

The company has a 50 day moving average of $30.87 and a 200-day moving average of $29.52. The company has a market cap of $64.17 million, a P/E ratio of 6.08 and a beta of 0.53.

Institutional Trading of Cambria Value and Momentum ETF

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of Cambria Value and Momentum ETF during the third quarter valued at about $403,000. Delap Wealth Advisory LLC bought a new position in Cambria Value and Momentum ETF during the 2nd quarter worth approximately $256,000. Finally, ALM First Financial Advisors LLC increased its stake in Cambria Value and Momentum ETF by 0.6% in the 3rd quarter. ALM First Financial Advisors LLC now owns 704,505 shares of the company’s stock worth $20,914,000 after purchasing an additional 4,505 shares during the period.

Cambria Value and Momentum ETF Company Profile

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.