Mutual Advisors LLC Decreases Stake in Cambria Global Momentum ETF $GMOM

Mutual Advisors LLC lowered its holdings in Cambria Global Momentum ETF (BATS:GMOM) by 3.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,070 shares of the company’s stock after selling 591 shares during the quarter. Mutual Advisors LLC owned 0.41% of Cambria Global Momentum ETF worth $456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Bravias Capital Group LLC raised its stake in shares of Cambria Global Momentum ETF by 9.1% in the first quarter. Bravias Capital Group LLC now owns 225,361 shares of the company’s stock worth $6,443,000 after purchasing an additional 18,810 shares during the last quarter.

Cambria Global Momentum ETF Price Performance

Shares of GMOM opened at $33.13 on Tuesday. Cambria Global Momentum ETF has a one year low of $25.48 and a one year high of $30.65. The firm has a market capitalization of $122.56 million, a P/E ratio of 15.73 and a beta of 0.45. The business has a fifty day moving average of $31.67 and a 200 day moving average of $30.02.

Cambria Global Momentum ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Tuesday, September 23rd were issued a $0.0655 dividend. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a $0.26 annualized dividend and a dividend yield of 0.8%.

About Cambria Global Momentum ETF

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.