Bravias Capital Group LLC Acquires 27,798 Shares of Cambria Global Momentum ETF $GMOM

Bravias Capital Group LLC grew its holdings in Cambria Global Momentum ETF (BATS:GMOM) by 10.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 286,509 shares of the company’s stock after acquiring an additional 27,798 shares during the quarter. Cambria Global Momentum ETF comprises 6.7% of Bravias Capital Group LLC’s investment portfolio, making the stock its 3rd largest holding. Bravias Capital Group LLC owned 0.08% of Cambria Global Momentum ETF worth $10,249,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. GWN Securities Inc. increased its holdings in shares of Cambria Global Momentum ETF by 26.7% in the fourth quarter. GWN Securities Inc. now owns 22,388 shares of the company’s stock valued at $751,000 after purchasing an additional 4,721 shares during the period. LPL Financial LLC grew its position in Cambria Global Momentum ETF by 6.2% in the 4th quarter. LPL Financial LLC now owns 22,802 shares of the company’s stock valued at $764,000 after buying an additional 1,339 shares during the last quarter. Jane Street Group LLC grew its position in Cambria Global Momentum ETF by 348.4% in the 2nd quarter. Jane Street Group LLC now owns 35,776 shares of the company’s stock valued at $1,061,000 after buying an additional 27,798 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Cambria Global Momentum ETF by 395.9% in the 2nd quarter. Raymond James Financial Inc. now owns 52,217 shares of the company’s stock valued at $1,549,000 after buying an additional 41,687 shares during the period.

Cambria Global Momentum ETF Stock Performance

Shares of Cambria Global Momentum ETF stock opened at $35.35 on Friday. The company has a market cap of $130.79 million, a P/E ratio of 15.73 and a beta of 0.45. Cambria Global Momentum ETF has a one year low of $29.47 and a one year high of $38.45. The firm has a fifty day moving average of $36.76 and a two-hundred day moving average of $36.20.

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. GMOM was launched on Nov 4, 2014 and is managed by Cambria.