Cambria Tax Aware ETF (NASDAQ:TAX) Trading Up 0.1% – What’s Next?

Cambria Tax Aware ETF (NASDAQ:TAX) rose 0.1% during mid-day trading on Friday . The stock traded as high as $32.04 and last traded at $31.60. Approximately 14 shares traded hands during trading, a decline of 99% from the average session volume of 2,187 shares. The stock had previously closed at $31.58.

Cambria Tax Aware ETF Stock Performance

The stock has a market cap of $26.28 million, a P/E ratio of 40.06 and a beta of 0.94. The firm has a 50-day moving average price of $30.83 and a 200-day moving average price of $29.51.

Institutional Trading of Cambria Tax Aware ETF

A hedge fund recently bought a new stake in Cambria Tax Aware ETF stock. Sunbelt Securities Inc. bought a new position in Cambria Tax Aware ETF (NASDAQ:TAX) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 49.01% of the company’s stock.

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.