ALM First Financial Advisors LLC Acquires 810,201 Shares of Cambria Chesapeake Pure Trend ETF $MFUT

ALM First Financial Advisors LLC bought a new stake in Cambria Chesapeake Pure Trend ETF (BATS:MFUT) during the third quarter, HoldingsChannel reports. The fund bought 810,201 shares of the company’s stock, valued at approximately $15,953,000. Cambria Chesapeake Pure Trend ETF makes up about 2.5% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 7th largest position. ALM First Financial Advisors LLC owned 0.66% of Cambria Chesapeake Pure Trend ETF as of its most recent filing with the Securities & Exchange Commission.

Cambria Chesapeake Pure Trend ETF Trading Down 0.5%

Shares of BATS MFUT traded down $0.10 during midday trading on Tuesday, hitting $19.95. The company’s stock had a trading volume of 3,574 shares, compared to its average volume of 14,668. Cambria Chesapeake Pure Trend ETF has a 1 year low of $15.26 and a 1 year high of $22.00. The business’s fifty day simple moving average is $19.75 and its two-hundred day simple moving average is $19.20.

About Cambria Chesapeake Pure Trend ETF

The Cambria Chesapeake Pure Trend ETF (MFUT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that seeks capital preservation and appreciation through a trend-following strategy that targets opportunities across currencies, commodities, fixed income, and equities. MFUT was launched on May 29, 2024 and is issued by Cambria.