Professional Financial Advisors LLC Purchases 1,886 Shares of Cambria Global Asset Allocation ETF (BATS:GAA)

Professional Financial Advisors LLC increased its position in Cambria Global Asset Allocation ETF (BATS:GAA) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,139 shares of the company’s stock after buying an additional 1,886 shares during the quarter. Cambria Global Asset Allocation ETF accounts for 0.6% of Professional Financial Advisors LLC’s portfolio, making the stock its 26th largest position. Professional Financial Advisors LLC’s holdings in Cambria Global Asset Allocation ETF were worth $1,788,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of GAA. Visionary Wealth Advisors purchased a new stake in Cambria Global Asset Allocation ETF in the second quarter worth $558,000. LPL Financial LLC grew its stake in Cambria Global Asset Allocation ETF by 1.0% in the third quarter. LPL Financial LLC now owns 261,743 shares of the company’s stock worth $6,881,000 after purchasing an additional 2,625 shares during the period. HighTower Advisors LLC purchased a new stake in Cambria Global Asset Allocation ETF in the third quarter worth $1,339,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Cambria Global Asset Allocation ETF in the third quarter worth $756,000. Finally, Advisor Resource Council purchased a new stake in Cambria Global Asset Allocation ETF in the fourth quarter worth $3,352,000.

Cambria Global Asset Allocation ETF Price Performance

GAA stock traded up $0.18 during midday trading on Thursday, hitting $28.91. The stock had a trading volume of 17,164 shares. The firm has a market cap of $53.49 million, a price-to-earnings ratio of 6.23 and a beta of 0.54. The business has a 50-day moving average of $28.15 and a two-hundred day moving average of $27.27. Cambria Global Asset Allocation ETF has a 52-week low of $24.76 and a 52-week high of $28.60.

Cambria Global Asset Allocation ETF Company Profile

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility.