Parsons Capital Management Inc. RI Sells 680 Shares of Cambria Foreign Shareholder Yield ETF (BATS:FYLD)

Parsons Capital Management Inc. RI reduced its position in shares of Cambria Foreign Shareholder Yield ETF (BATS:FYLD) by 6.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 9,564 shares of the company’s stock after selling 680 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Cambria Foreign Shareholder Yield ETF were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FYLD. CoreFirst Bank & Trust bought a new position in shares of Cambria Foreign Shareholder Yield ETF in the fourth quarter valued at about $133,000. ICA Group Wealth Management LLC bought a new position in shares of Cambria Foreign Shareholder Yield ETF in the fourth quarter valued at about $174,000. NBC Securities Inc. bought a new position in shares of Cambria Foreign Shareholder Yield ETF in the third quarter valued at about $184,000. D.A. Davidson & CO. bought a new position in shares of Cambria Foreign Shareholder Yield ETF in the fourth quarter valued at about $225,000. Finally, Sigma Planning Corp raised its position in shares of Cambria Foreign Shareholder Yield ETF by 8.8% in the third quarter. Sigma Planning Corp now owns 12,205 shares of the company’s stock valued at $293,000 after purchasing an additional 992 shares during the period.

Cambria Foreign Shareholder Yield ETF Stock Up 1.1 %

Shares of FYLD traded up $0.29 during trading hours on Friday, hitting $27.00. The company had a trading volume of 37,856 shares. The firm has a market cap of $272.70 million, a price-to-earnings ratio of 5.63 and a beta of 0.69. The business has a fifty day moving average of $26.75 and a 200-day moving average of $25.56. Cambria Foreign Shareholder Yield ETF has a 12 month low of $22.06 and a 12 month high of $27.94.

About Cambria Foreign Shareholder Yield ETF

The Cambria Foreign Shareholder Yield ETF (FYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in Developed Ex-US stocks with focus on shareholder yield, as measured by dividend payments and net share buybacks. FYLD was launched on Dec 3, 2013 and is managed by Cambria.