Vanguard U.S. Momentum Factor ETF (BATS:VFMO) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Vanguard U.S. Momentum Factor ETF (BATS:VFMO) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $157.29 and traded as high as $179.45. Vanguard U.S. Momentum Factor ETF shares last traded at $177.13, with a volume of 74,449 shares.

Vanguard U.S. Momentum Factor ETF Stock Down 0.6 %

The firm has a market capitalization of $602.24 million, a price-to-earnings ratio of 15.83 and a beta of 1.31. The business has a 50-day moving average of $166.75 and a two-hundred day moving average of $157.29.

Institutional Investors Weigh In On Vanguard U.S. Momentum Factor ETF

A number of institutional investors have recently added to or reduced their stakes in VFMO. Tidal Investments LLC bought a new stake in Vanguard U.S. Momentum Factor ETF in the first quarter valued at about $563,000. Mather Group LLC. bought a new stake in shares of Vanguard U.S. Momentum Factor ETF in the 2nd quarter valued at approximately $75,000. Symmetry Partners LLC raised its holdings in shares of Vanguard U.S. Momentum Factor ETF by 4.4% in the 2nd quarter. Symmetry Partners LLC now owns 76,685 shares of the company’s stock worth $11,518,000 after buying an additional 3,198 shares in the last quarter. Aspect Partners LLC lifted its position in shares of Vanguard U.S. Momentum Factor ETF by 4.5% during the 2nd quarter. Aspect Partners LLC now owns 8,558 shares of the company’s stock worth $1,285,000 after buying an additional 366 shares during the period. Finally, Great Valley Advisor Group Inc. boosted its stake in Vanguard U.S. Momentum Factor ETF by 18.5% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 29,762 shares of the company’s stock valued at $4,470,000 after buying an additional 4,655 shares in the last quarter.

Vanguard U.S. Momentum Factor ETF Company Profile

The Vanguard U.S. Momentum Factor ETF (VFMO) is an exchange-traded fund that is based on the MSCI USA Momentum index. Vanguard U.S. Momentum Factor ETF seeks to provide long-term capital appreciation by investing in stocks with strong recent performance as determined by the advisor. VFMO was launched on Feb 13, 2018 and is managed by Vanguard.