Bravias Capital Group LLC Purchases 18,046 Shares of Cambria Global Momentum ETF $GMOM

Bravias Capital Group LLC raised its holdings in Cambria Global Momentum ETF (BATS:GMOM) by 7.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 258,711 shares of the company’s stock after purchasing an additional 18,046 shares during the quarter. Cambria Global Momentum ETF accounts for approximately 5.2% of Bravias Capital Group LLC’s investment portfolio, making the stock its 4th biggest holding. Bravias Capital Group LLC owned 6.99% of Cambria Global Momentum ETF worth $8,673,000 as of its most recent SEC filing.

Separately, Raymond James Financial Inc. lifted 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 in the last quarter.

Cambria Global Momentum ETF Trading Up 0.1%

GMOM stock opened at $37.14 on Friday. The company has a market cap of $137.42 million, a price-to-earnings ratio of 15.73 and a beta of 0.45. Cambria Global Momentum ETF has a 12 month low of $28.26 and a 12 month high of $38.45. The firm has a 50-day moving average of $36.59 and a two-hundred day moving average of $34.85.

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.