Cambria Investment Management L.P. Has $34.84 Million Holdings in Cambria Global Value ETF $GVAL

Cambria Investment Management L.P. lifted its position in Cambria Global Value ETF (BATS:GVAL) by 68.6% in the third quarter, Holdings Channel.com reports. The firm owned 1,191,793 shares of the company’s stock after purchasing an additional 485,102 shares during the quarter. Cambria Global Value ETF makes up 2.0% of Cambria Investment Management L.P.’s holdings, making the stock its biggest holding. Cambria Investment Management L.P. owned 0.14% of Cambria Global Value ETF worth $34,836,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in shares of Cambria Global Value ETF during the 2nd quarter valued at about $26,000. Beacon Capital Management Inc. purchased a new stake in Cambria Global Value ETF in the second quarter worth approximately $51,000. Private Trust Co. NA boosted its stake in Cambria Global Value ETF by 8.9% in the third quarter. Private Trust Co. NA now owns 6,206 shares of the company’s stock worth $181,000 after buying an additional 508 shares in the last quarter. Stone House Investment Management LLC grew its position in Cambria Global Value ETF by 9.1% during the third quarter. Stone House Investment Management LLC now owns 8,836 shares of the company’s stock valued at $258,000 after acquiring an additional 735 shares during the last quarter. Finally, Vanguard Capital Wealth Advisors bought a new position in Cambria Global Value ETF during the third quarter valued at approximately $262,000.

Cambria Global Value ETF Stock Performance

GVAL stock opened at $31.75 on Monday. The company has a market capitalization of $273.05 million, a PE ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a one year low of $21.92 and a one year high of $36.18. The company’s 50 day moving average price is $34.34 and its two-hundred day moving average price is $31.72.

About Cambria Global Value ETF

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.