LPL Financial LLC Has $694,000 Holdings in Cambria Global Momentum ETF (BATS:GMOM)

LPL Financial LLC trimmed its holdings in shares of Cambria Global Momentum ETF (BATS:GMOM) by 13.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,170 shares of the company’s stock after selling 3,881 shares during the quarter. LPL Financial LLC owned about 0.50% of Cambria Global Momentum ETF worth $694,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GWN Securities Inc. bought a new stake in shares of Cambria Global Momentum ETF during the 4th quarter worth about $394,000. Matauro LLC bought a new stake in Cambria Global Momentum ETF during the fourth quarter worth approximately $430,000. Raymond James Financial Inc. bought a new stake in Cambria Global Momentum ETF during the fourth quarter worth approximately $1,996,000. ALM First Financial Advisors LLC grew its holdings in Cambria Global Momentum ETF by 6.2% during the fourth quarter. ALM First Financial Advisors LLC now owns 1,777,551 shares of the company’s stock valued at $50,572,000 after purchasing an additional 104,403 shares during the last quarter. Finally, Bravias Capital Group LLC bought a new position in shares of Cambria Global Momentum ETF in the fourth quarter valued at approximately $6,146,000.

Cambria Global Momentum ETF Trading Down 1.2 %

Shares of Cambria Global Momentum ETF stock opened at $28.51 on Wednesday. The firm has a fifty day simple moving average of $28.52 and a 200-day simple moving average of $29.22. Cambria Global Momentum ETF has a 1-year low of $25.48 and a 1-year high of $30.65. The stock has a market capitalization of $106.92 million, a price-to-earnings ratio of 13.19 and a beta of 0.42.

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.