Secure Asset Management LLC Buys New Shares in Cambria Global Value ETF $GVAL

Secure Asset Management LLC bought a new position in shares of Cambria Global Value ETF (BATS:GVAL) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 37,092 shares of the company’s stock, valued at approximately $1,167,000. Secure Asset Management LLC owned approximately 0.43% of Cambria Global Value ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in shares of Cambria Global Value ETF in the 2nd quarter worth approximately $26,000. Beacon Capital Management Inc. bought a new stake in shares of Cambria Global Value ETF during the second quarter valued at approximately $51,000. Private Trust Co. NA raised its stake in shares of 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 valued at $181,000 after purchasing an additional 508 shares in the last quarter. Stone House Investment Management LLC raised its stake in shares of Cambria Global Value ETF by 9.1% in the third quarter. Stone House Investment Management LLC now owns 8,836 shares of the company’s stock valued at $258,000 after purchasing an additional 735 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors bought a new position in Cambria Global Value ETF in the third quarter worth $262,000.

Cambria Global Value ETF Price Performance

GVAL opened at $33.57 on Monday. Cambria Global Value ETF has a fifty-two week low of $21.92 and a fifty-two week high of $36.18. The firm’s fifty day moving average price is $34.20 and its two-hundred day moving average price is $31.96. The company has a market capitalization of $288.70 million, a P/E ratio of 10.49 and a beta of 0.76.

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.