GWN Securities Inc. Takes $394,000 Position in Cambria Global Momentum ETF (BATS:GMOM)

GWN Securities Inc. bought a new stake in Cambria Global Momentum ETF (BATS:GMOM) during the 4th quarter, HoldingsChannel.com reports. The firm bought 13,726 shares of the company’s stock, valued at approximately $394,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. ALM First Financial Advisors LLC lifted its position in shares of Cambria Global Momentum ETF by 6.2% in the fourth quarter. ALM First Financial Advisors LLC now owns 1,777,551 shares of the company’s stock valued at $50,572,000 after acquiring an additional 104,403 shares in the last quarter. Bravias Capital Group LLC purchased a new position in shares of Cambria Global Momentum ETF in the fourth quarter valued at approximately $6,146,000. Raymond James Financial Inc. purchased a new position in Cambria Global Momentum ETF during the fourth quarter worth approximately $1,996,000. Finally, Matauro LLC purchased a new position in Cambria Global Momentum ETF during the fourth quarter worth approximately $430,000.

Cambria Global Momentum ETF Stock Performance

Shares of Cambria Global Momentum ETF stock opened at $28.87 on Monday. Cambria Global Momentum ETF has a one year low of $26.62 and a one year high of $30.65. The company has a market cap of $108.27 million, a price-to-earnings ratio of 15.66 and a beta of 0.42. The business’s 50 day moving average price is $29.38 and its 200 day moving average price is $29.43.

Cambria Global Momentum ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were given a dividend of $0.0702 per share. The ex-dividend date was Monday, December 23rd.

Cambria Global Momentum ETF Profile

The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income.