Mutual Advisors LLC Sells 591 Shares of Cambria Global Momentum ETF $GMOM

Mutual Advisors LLC trimmed its holdings in Cambria Global Momentum ETF (BATS:GMOM) by 3.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 15,070 shares of the company’s stock after selling 591 shares during the period. Mutual Advisors LLC’s holdings in Cambria Global Momentum ETF were worth $456,000 at the end of the most recent reporting period.

Separately, Bravias Capital Group LLC lifted its position 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 valued at $6,443,000 after acquiring an additional 18,810 shares in the last quarter.

Cambria Global Momentum ETF Stock Up 11.5%

Shares of Cambria Global Momentum ETF stock opened at $33.13 on Tuesday. The company has a market capitalization of $122.56 million, a price-to-earnings ratio of 15.73 and a beta of 0.45. Cambria Global Momentum ETF has a 52 week low of $25.48 and a 52 week high of $30.65. The stock’s 50-day simple moving average is $31.67 and its 200-day simple moving average is $30.02.

Cambria Global Momentum ETF Dividend Announcement

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

Cambria Global Momentum ETF Company 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.