Western Wealth Management LLC Purchases New Stake in Cambria Global Value ETF $GVAL

Western Wealth Management LLC purchased a new stake in shares of Cambria Global Value ETF (BATS:GVAL) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 49,739 shares of the company’s stock, valued at approximately $1,650,000. Western Wealth Management LLC owned about 0.58% of Cambria Global Value ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its holdings in shares of Cambria Global Value ETF by 87.4% in the first quarter. Jane Street Group LLC now owns 100,000 shares of the company’s stock valued at $2,475,000 after purchasing an additional 46,639 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Cambria Global Value ETF during the 2nd quarter worth about $383,000. Bank of America Corp DE lifted its stake in shares of Cambria Global Value ETF by 405.8% during the 2nd quarter. Bank of America Corp DE now owns 10,000 shares of the company’s stock worth $272,000 after buying an additional 8,023 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Cambria Global Value ETF during the 2nd quarter worth about $26,000. Finally, Prudential PLC boosted its holdings in shares of Cambria Global Value ETF by 9.7% during the 3rd quarter. Prudential PLC now owns 37,300 shares of the company’s stock worth $1,090,000 after buying an additional 3,300 shares during the period.

Cambria Global Value ETF Stock Performance

Shares of GVAL opened at $38.37 on Thursday. Cambria Global Value ETF has a 52 week low of $28.34 and a 52 week high of $38.44. The firm has a market cap of $329.98 million, a P/E ratio of 10.49 and a beta of 0.76. The firm’s 50-day simple moving average is $36.72 and its 200 day simple moving average is $35.43.

Cambria Global Value ETF Company Profile

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.