Long Position on VAMO @ $28.50 on 8/22/2024 (Fundamentals)

Cambria Value and Momentum ETF (VAMO) will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund's net assets in U.S. exchange-listed equity securities.

It may hedge up to 100% of the value of the fund's long portfolio.

The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.

Entry Point: $28.50

Trading Range: $25.58 - $30.44

Stop Loss: $27.00

Target Price: $31.35

Position closed on 9/16/2024 at price of $29.00 with a 1.75% gain in 24 days.

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