Cambria Tax Aware ETF (NASDAQ:TAX) Trading Down 0.4% – Here’s What Happened

Cambria Tax Aware ETF (NASDAQ:TAX)’s stock price was down 0.4% on Thursday . The company traded as low as $30.77 and last traded at $30.77. Approximately 377 shares changed hands during trading, a decline of 84% from the average daily volume of 2,319 shares. The stock had previously closed at $30.88.

Cambria Tax Aware ETF Trading Down 0.4%

The company has a market capitalization of $25.54 million, a P/E ratio of 38.46 and a beta of 0.92. The firm’s 50 day moving average price is $30.53 and its two-hundred day moving average price is $29.30.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. purchased a new stake in Cambria Tax Aware ETF (NASDAQ:TAX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 14,589 shares of the company’s stock, valued at approximately $404,000. Sunbelt Securities Inc. owned about 1.38% of Cambria Tax Aware ETF at the end of the most recent quarter. 49.01% of the stock is owned by hedge funds and other institutional investors.

Cambria Tax Aware ETF Company Profile

The Cambria Tax Aware ETF (TAX) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US stocks with value and quality characteristics and low or no dividend yields. The fund aims to generate capital appreciation without distributing high dividend income or taxable gains. TAX was launched on Dec 18, 2024 and is issued by Cambria.