Western Wealth Management LLC Acquires Shares of 49,739 Cambria Global Value ETF $GVAL

Western Wealth Management LLC acquired a new position in shares of Cambria Global Value ETF (BATS:GVAL) during the 1st quarter, Holdings Channel reports. The firm acquired 49,739 shares of the company’s stock, valued at approximately $1,650,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of GVAL. Rockport Wealth LLC increased its position in Cambria Global Value ETF by 29.9% during the fourth quarter. Rockport Wealth LLC now owns 191,207 shares of the company’s stock worth $6,017,000 after purchasing an additional 43,986 shares during the last quarter. Fortis Group Advisors LLC boosted its holdings in Cambria Global Value ETF by 121.9% in the 4th quarter. Fortis Group Advisors LLC now owns 128,859 shares of the company’s stock valued at $4,483,000 after purchasing an additional 70,779 shares during the last quarter. Trademark Financial Management LLC acquired a new position in Cambria Global Value ETF in the 1st quarter valued at about $670,000. Janney Montgomery Scott LLC grew its stake in shares of Cambria Global Value ETF by 194.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 55,892 shares of the company’s stock valued at $1,854,000 after buying an additional 36,926 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Cambria Global Value ETF by 49.4% in the 4th quarter. Farther Finance Advisors LLC now owns 45,765 shares of the company’s stock valued at $1,440,000 after buying an additional 15,140 shares during the period.

Cambria Global Value ETF Price Performance

Shares of BATS GVAL opened at $38.37 on Thursday. The company has a market capitalization of $329.98 million, a P/E ratio of 10.49 and a beta of 0.76. The company has a 50 day simple moving average of $36.72 and a 200-day simple moving average of $35.43. Cambria Global Value ETF has a 1 year low of $28.34 and a 1 year high of $38.44.

About Cambria Global Value ETF

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.