LPL Financial LLC Has $2.54 Million Stock Position in Cambria Value and Momentum ETF (BATS:VAMO)

LPL Financial LLC boosted its stake in Cambria Value and Momentum ETF (BATS:VAMO) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,224 shares of the company’s stock after purchasing an additional 3,794 shares during the quarter. LPL Financial LLC owned about 3.96% of Cambria Value and Momentum ETF worth $2,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jane Street Group LLC bought a new position in Cambria Value and Momentum ETF in the 3rd quarter valued at about $403,000. Bravias Capital Group LLC acquired a new stake in shares of Cambria Value and Momentum ETF during the 4th quarter worth approximately $3,414,000. Finally, ALM First Financial Advisors LLC increased its stake in Cambria Value and Momentum ETF by 7.4% in the fourth quarter. ALM First Financial Advisors LLC now owns 756,884 shares of the company’s stock valued at $21,877,000 after acquiring an additional 52,379 shares during the last quarter.

Cambria Value and Momentum ETF Price Performance

Shares of VAMO opened at $28.64 on Monday. The firm has a 50 day simple moving average of $29.37 and a two-hundred day simple moving average of $30.11. The company has a market cap of $52.98 million, a P/E ratio of 11.22 and a beta of 0.27. Cambria Value and Momentum ETF has a one year low of $26.67 and a one year high of $32.72.

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.