AB California Intermediate Municipal ETF (NYSEARCA:CAM) Stock Passes Above 200-Day Moving Average – Here’s What Happened

AB California Intermediate Municipal ETF (NYSEARCA:CAM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.13 and traded as high as $25.13. AB California Intermediate Municipal ETF shares last traded at $25.10, with a volume of 49,267 shares.

AB California Intermediate Municipal ETF Trading Down 0.1%

The stock has a 50 day moving average of $25.04 and a 200-day moving average of $25.13. The stock has a market capitalization of $1.13 billion, a P/E ratio of 7.77 and a beta of 0.15.

Institutional Trading of AB California Intermediate Municipal ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. DDFG Inc boosted its stake in shares of AB California Intermediate Municipal ETF by 2.3% during the first quarter. DDFG Inc now owns 446,341 shares of the oil and gas company’s stock valued at $11,144,000 after purchasing an additional 9,883 shares during the period. Diversify Wealth Management LLC purchased a new position in AB California Intermediate Municipal ETF in the 1st quarter worth about $301,000. Sanctuary Advisors LLC purchased a new position in AB California Intermediate Municipal ETF in the 1st quarter worth about $311,000. Retirement Planning Group LLC purchased a new position in AB California Intermediate Municipal ETF in the 1st quarter worth about $513,000. Finally, Bank of America Corp DE lifted its holdings in AB California Intermediate Municipal ETF by 7.8% during the 1st quarter. Bank of America Corp DE now owns 362,698 shares of the oil and gas company’s stock valued at $9,056,000 after buying an additional 26,157 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

AB California Intermediate Municipal ETF Company Profile

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.