Envestnet Asset Management Inc. Trims Stock Position in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Envestnet Asset Management Inc. lessened its stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 15.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 167,194 shares of the company’s stock after selling 31,569 shares during the quarter. Envestnet Asset Management Inc. owned 1.62% of Cambria Emerging Shareholder Yield ETF worth $5,235,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of EYLD. JPMorgan Chase & Co. grew its position in shares of Cambria Emerging Shareholder Yield ETF by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,647 shares of the company’s stock valued at $1,060,000 after acquiring an additional 893 shares during the period. Commonwealth Equity Services LLC grew its holdings in Cambria Emerging Shareholder Yield ETF by 160.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 74,858 shares of the company’s stock valued at $2,344,000 after purchasing an additional 46,110 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at approximately $250,000. Avantax Advisory Services Inc. purchased a new stake in shares of Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at approximately $251,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Cambria Emerging Shareholder Yield ETF during the 4th quarter worth approximately $18,258,000.

Cambria Emerging Shareholder Yield ETF Stock Performance

Cambria Emerging Shareholder Yield ETF stock opened at $30.98 on Wednesday. The stock has a market capitalization of $486.39 million, a P/E ratio of 7.69 and a beta of 0.69. The company’s fifty day moving average price is $31.52 and its 200 day moving average price is $32.18. Cambria Emerging Shareholder Yield ETF has a 1 year low of $27.30 and a 1 year high of $36.16.

About Cambria Emerging Shareholder Yield ETF

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.